Incredible opportunity to combine two adjoining apartments in a charming Gramercy townhouse. Do you only need one bedroom? You can keep the apartments separate, earn rental income and have space to expand in the future. Ideally located just off of Irving Place, this potential combination will allow the buyer to create a two bedroom two bathroom residence with washer/dryer. Both apartments have been renovated and offer hardwood floors throughout and exposed brick. This building has a flexible sublet policy. Enviably located in the Gramercy Park neighborhood, around the corner from Irving Place and a short walk to Union Square, Trader Joes, Whole Foods, and the Union Square Farmers Market, as well as many great restaurants and shopping. Pet friendly. Convenient to 4/5/6, N/R/Q, and L trains, which are all just a block away. 1B is a sponsor apartment with no board approval required. 1C has a tenant in place until May 31, 2023 giving you rental income until your renovation plans are in place. New virtual door system allows you to buzz in packages remotely.