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$26,500,833
List Price: $26,950,000
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114 Waverly Place
Townhouse in Greenwich Village •  building info
5bd • 5ba • 6,800ft² $3,963 per ft²
Buy with Yoreevo

$26,500,833

List Price

$26,950,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
14
Last price change
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Estimated payment
$158,988
Taxes
Monthly maintenance
N/A
Description
A once-a-century transformation is now complete at 114 Waverly Place, one of the most historically significant residences in all of Greenwich Village. Originally constructed in 1836 as part of a row of nine houses for Thomas R. Mercein, at the time the city comptroller and president of New York Equitable Fire Insurance Company, it was completely re-designed inside and out in 1920 by William Sanger with influences of Spanish Baroque and Modernismo architectural styles for portrait painter Murray P. Bewley. One of the most unique and recognizable facades in all of Manhattan, the curved roofline, beamed ceilings, and expansive studio window have made 114 a true icon among New York City real estate. Over three and a half years in the making, the homes modern day renovation stewarded by Cortney and Robert Novogratz is one of duality a historically sensitive restoration and preservation exercise at the highest level, and an entirely modernized, newly crafted single family residence that lives and functions perfectly in todays age. Spanning over 6,800 square feet, this is a property that exudes scale: from the 22-foot ceilings in the historic ballroom, to the gracious 22 feet of width, as well as approximately 1,700 square feet of outdoor space. Enter on the homes parlor level to a living and dining area that spans over fifty feet from the front of the house to the rear garden. Oversized-plank Schotten & Hansen floors run throughout the residence, as do intricate custom moldings. Arched windows atop French doors frame the living room, and a custom fireplace mantel surrounds a gas fireplace. At the rear of the parlor floor, the custom-crafted kitchen is swathed in statement marble slabs and features a hand-crafted La Cornue Chateau 150 stainless steel and brass range as well as a selection of top appliances by Sub-Zero and Bosch. A Gucci wallpaper-wrapped powder room completes the parlor. The garden itself is a masterpiece, lushly planted and complete with an outdoor kitchen, a full sound system with concealed speakers and individual zones, and prime south-facing orientation. Accessible from the internal staircase, an under-stoop entrance, or the rear yard, the garden level of Waverly Place is a completely self-contained guest apartment with kitchen, fireplace, full bathroom, oversized bedroom, and washer/dryer. The primary suite is located on the second floor, with views overlooking Waverly Place and the trees lining the street. At over 485 square feet, the bedroom scale is incredibly generous and includes a gorgeous marble mantel and a wood-burning fireplace. The primary dressing room is oversized and completely outfitted, and the south-facing windowed bathroom has the finest Calacatta Viola marble slabs, Waterworks fixtures, and a freestanding soaking tub. Three guest bedrooms with en-suite baths as well as a full laundry room comprise the third floor and part of the fourth floor, where the crowning entertaining space is also located: the historic ballroom with an oversized north-facing artists window. Truly unlike any other room in New York City, the scale of the space is irreplaceable, and is overlooked on the mezzanine by a cozy informal entertainment room with custom millwork and stunning views of lower Manhattan. The homes rooftop is a showpiece: a full outdoor kitchen with pizza oven, multiple entertaining areas, an outdoor television and sound system, and full open views to both the Midtown and downtown skylines. Completely renovated and re-built, 114 Waverly Place includes a 5-stop high speed elevator, multi-zone HVAC, a Crestron home automation system with panels for AV, lighting, and security, Lutron Homeworks lighting controls via keypads and Forbes and Lomax switches, and individually controlled audio zones.

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History
What it'll cost
Purchase price
$26,950,000
Asking Price: $26,950,000
Term
30 Years
Down Payment
$2,695,000 (10%)
Min: 10% (2,695,000)
Rate
6.5 %
Mortgage Amount
$24,255,000
Mortgage Payment
$153,308
Taxes
$5,680
Estimated Yoreevo rebate
$449,167
Estimated closing cost
$1,629,000
Total monthly cost $158,988
Buy your dream home with us and get an estimated
$449,167 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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