townhouse
204 East 20th Street
New York, NY
Located on the south side of East 20th Street between Second and Third Avenues.
LOCATION BLOCK / LOT
900/55
LOT DIMENSIONS
19.83’ x 78’ (Approx.)
BUILDING DIMENSIONS
19.83’ X 42’ (Approx.)
STORIES
3 plus basement
GROSS SF
3,331 (Approx)
ZONING
C1-9A (R10A Equivalent)
FAR
10.0
LOT SIZE
1,547
TOTAL BUILDABLE SF
15,467 SF (Approx)
AVAILABLE AIR RIGHTS
12,136 SF (Approx)
ASSESSMENT (14/15)
$ 130,173
TAXES (14/15)
$ 24,982
asking price :
SF (Approx)
$ 9,500,000
property description A 3-stor y plus cellar, 19.83’ wide, approximately 3,331 square foot townhouse located on one of Gramercy Park’s most desirable blocks. The building consists of an owner occupied triplex apar tment on the basement, ground, and 2nd floors and a one-bedroom apar tment on the top floor. The townhouse, which features original detail coupled with recent renovations to the kitchen and bathrooms and a beautifully landscaped garden will be delivered va c a n t . T h e tow n h o u s e i s u n i qu e l y p o s i t i o n e d to b e n e f i t f ro m i t s l o c a t i o n w i t h i n t h e C 1 - 9 A ( R 10 A e qu i va l e n t ) ave n ue zoning district which carries an FAR of 10.0. If the adjacent proper ties on the southeast corner of Third Avenue and 20th Street are assembled for future redevelopment, 204 East 20th Street of fers the potential to include its approximately 12,136 square feet of unused air rights or 15,467 total buildable square feet and ~20’ of frontage along 20th Street. The proper ty is well located to many private schools, P.S. 40 Augustus Saint-Gaudens, and Baruch College as well as convenient walking distance to Gramercy Park, Stuyvesant Park, Union Square and Madison Square Park. Local transpor tation is available within a few shor t blocks to the and subways. Shopping and dining options line the nearby avenues with renowned stores such as Paragon Spor ts, ABC Carpet & Home, Cole Haan, J Crew, Kate Spade and Nordstrom Rack to name a few. The upscale Gramercy submarket boasts outstanding restaurants including Gramercy Tavern, Mario Batali’s Casa Mono, Maialino, Blue Smoke, BLT Prime, Barbounia, Eleven Madison Park, Novitá and Civil War-era survivor, Pete’s Tavern. The area surrounding Gramercy Park has seen a surge in neighborhood improvements and recent developments in the last few years and has become amongst the most desirable neighborhoods to live and work in the city. Given the proper ty can be delivered vacant, its prime location in the red-hot Gramercy Park neighborhood and high density flexible zoning the proper ty is ideal as a single family townhouse, live/work, live/invest or future redevelopment oppor tunity. | For further information or inspection, please contact Exclusive Agents |
John F. Ciraulo
Vice Chairman
[email protected] 212.696.2500 x7700
Craig M. Waggner
Director of Sales
[email protected] 212.696.2500 x7744
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
townhouse
204 East 20th Street
TH S
TRE
ET
THIRD AVENUE
T 20
EAST 20TH STREET
RD
AVE
NUE
EAS
BLOCK 900 / LOT 55
THI
EAST 19TH STREET
asking price $ 9,500,000
204 E. 20th Street | For further information or inspection, please contact Exclusive Agents |
John F. Ciraulo
Vice Chairman
[email protected] 212.696.2500 x7700
Craig M. Waggner
Director of Sales
[email protected] 212.696.2500 x7744
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
275 Madison Avenue • Third Floor • New York, NY 10016 • 212.696.2500 • Fax 212.696.0333 www.masseyknakal.com THE BRONX BROOKLYN MANHATTAN NASSAU NEW JERSEY QUEENS STATEN ISLAND WESTCHESTER
SECOND AVENUE
New York, NY