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$29,450,833
List Price: $29,950,000
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26 Washington Square North
Coop in Greenwich Village •  building info
10bd • 13ba • 8,750ft² $3,423 per ft²
Buy with Yoreevo

$29,450,833

List Price

$29,950,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
392
Last price change
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Estimated payment
$155,404
Monthly taxes
N/A
Monthly maintenance
$0
Description
KNOW YOUR NEIGHBORS: RARE OPPORTUNITY to acquire one of the last privately owned townhomes overlooking 300-year-old treetops in the heart of New York University in beautiful and historic Greenwich Village. This one-of-a-kind, 26 foot wide, 5-story Landmark Preserved home contains roughly 8750 +/- SF. Constructed in 1839 and thoroughly updated in 2018, the home is currently configured as five floor-through luxury apartments in mint condition. Keep the happy residents in place or easily convert back to a single-family residence (see proposed floor plans). The house can be delivered completely vacant, with tenants in place or live/work on a floor or two or three and keep the rental income flowing in the rest. No rent stabilization. The building, block, park, and surrounding neighborhood are all protected and preserved as part of the Greenwich Village Historic District. Stroll across the street to Babbo for dinner, around the corner to Stumptown for coffee, run to the river, walk to midtown. Current owners have lovingly restored and maintained this home since purchasing in 2001 and are ready to pass the torch to the next generation. The William Dare Morgan residence was originally built as a four-story home with gated forecourt, ornate fencing, an elevated stoop, formal columned entrance portico, and paneled door with sidelights and transom. William Dare Morgan was Vice President of the Produce Exchange, a partner in Grinnell, Tinker & Morgan, a governor of the Knickerbocker Club, a founder of New York Hospital, and a graduate of Yale University. He and his wife Angelica Livingston Hoyt, a descendant of two of the signers of the Declaration of Independence, raised four children in the house. They added a fifth floor in 1880, and their family remained in the house for over half a century. Ensuing owners include former silent movie executive Richard West Saunders, well-known attorney John Pinkerton East, painter Everett Shinn, and the financier Charles V. Bob. The Greek Revival style houses along the North side of Washington Square Park flanking lower Fifth Avenue are what remains of a group of houses known as the Row, built for the social elite of the Village in the 1830s. Now recognized as one of the most outstanding series of Greek Revival houses in the country, they were sought after for their uniform architectural style, high quality construction, extra wide and deep lots, prominent stoops, formal entrance porticos, and generous front gardens and forecourts. During the 1900s, the area was home to notable American writers including Edgar Allen Poe, Mark Twain and Ida Tarbell. Edward Hopper and countless other painters, musicians and artists have drawn inspiration from the energy and community. Greenwich Village is one of the few neighborhoods that still retain old world charm and a sense of timelessness in Manhattan. CURRENT CONFIGURATION: CELLAR: Storage, Mechanical Room, + 6- 5 ceilings ENTRY FLOOR: Entry, Living / Dining / Kitchen, Two Bedrooms, Two Baths, + 8- 0 ceilings. PARLOR FLOOR: Living / Dining Room, Kitchen, Two Bedrooms, Two Baths, + 12- 6 ceilings. THIRD FLOOR: Living / Dining Room, Kitchen, Two Bedrooms, Two Baths, + 11- 4 ceilings. FOURTH FLOOR: Foyer, Living / Dining Room, Bedroom, Alcove, One Bath, + 10- 0 ceilings. FIFTH FLOOR: Living / Dining / Kitchen, Three Bedrooms, Two Baths, + 10- 0 ceilings. ROOF:

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Important Stuff
Washer/Dryer in unit
Listing Amenities
Storage Available
Hardwood floors
Fireplace
Park View
Dishwasher
Central Air
Building Amenities
Bike Room
Laundry in Building
Outdoor Space
Garden
Terrace
History
What it'll cost
Purchase price
$29,950,000
Asking Price: $29,950,000
Term
30 Years
Down Payment
$5,990,000 (20%)
Min: 20% (5,990,000)
Rate
6.75 %
Mortgage Amount
$23,960,000
Mortgage Payment
$155,404
Maintenance
$0
Estimated Yoreevo rebate
$499,167
Estimated closing cost
$1,176,000
Total monthly cost $155,404
Buy your dream home with us and get an estimated
$499,167 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sothebys International Realty

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