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$2,958,027
List Price: $2,998,000
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39 Penny Lane
House in Scarsdale •  building info
8bd • 4.5ba • 5,400ft² $555 per ft²
Buy with Yoreevo

$2,958,027

List Price

$2,998,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
87
Last price change
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Estimated payment
$21,162
Taxes
$4,108
Monthly maintenance
N/A
Description
A Bauhaus Is a WOW house. An authentic one is a very rare find. 39 Penny Lane in Scarsdale is the real deal. Designed by Paul M. Doering who studied at the Bauhaus School and built this in 1937 for his parents (the family emigrated from Germany). This home is the definition of Bauhaus form, function and provenance. Bauhaus architecture's characteristics include functional shapes, abstract shapes used sparingly for d cor, simple color schemes, holistic design, and basic industrial materials like concrete, steel, and glass. This period piece which is sited on a gentle rise and commands its own private acre has been thoughtfully preserved and carefully curated with an eye toward modern comforts and utility while holding on to the singular purpose and intrinsic beauty of the original vision. Walls of glass block, clean lines, enormous open spaces, soaring ceilings, steel stair railings and floor to ceiling windows invite a cinematic amount of light that bathes the brand new hand-lain herring-bone oak flooring which is in keeping with the clean linear sight-lines. You'll just want to dance in the absolutely enormous living room which features a wood-burning fireplace (1 of 4), and an original mahogany sliding wall which glides on a brass track to create an intimate dining space. What's new? It's an extensive list (see separate sheet with (improvements) but the highlights include all new Marvin windows & doors which carefully echo the original steel casements, new HVAC system, new copper cladding & flashing, interior and exterior paint, pointing, new roof membrane, new electrical panel, outlets & switches and all new bathrooms with Carrera marble tile work. An all new butler's pantry with one of two Bosch dishwashers kicks off the party as you head into the brand new kitchen with a Bertazzoni induction range, Viking refrigerator and built in microwave and, and, and. What's original & restored? Olive knob door hinges, built-ins everywhere, the lounge, stair rails, fireplaces, exterior stone stairway from the patio to the lower yard, the balconies (with new bluestone surfaces and railings) the lines, the vibe, the inherent cool .. Let's review! 8 Bedrooms, 5,400 square feet, 1 acre of property, Specimen Plantings, Edgemont Schools, New Comforts & Convenience, 1930's Solidity & Craftwork. All this and it bears repeating Authenticity! Privacy, Property & Provenance on Penny! BE PENNY WISE!

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Listing Amenities
Patio
Hardwood floors
Fireplace
Dishwasher
Building Amenities
Parking Available
History
What it'll cost
Purchase price
$2,998,000
Asking Price: $2,998,000
Term
30 Years
Down Payment
$299,000 (10%)
Min: 10% (299,000)
Rate
6.5 %
Mortgage Amount
$2,698,200
Mortgage Payment
$17,054
Taxes
$4,108
Estimated Yoreevo rebate
$39,973
Estimated closing cost
$108,000
Total monthly cost $21,162
Buy your dream home with us and get an estimated
$39,973 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Christie's Int.

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