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4 Lexington Avenue #15LMN
Coop in Gramercy Park •  building info
4bd • 2.5ba • 3,300ft² $1,621 per ft²
List Price

$5,350,000

Key Details
Days on market
159
Last price change
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Estimated payment
$31,690
Monthly taxes
N/A
Monthly maintenance
$4,637
Description
Introducing Penthouse 15LMN at The Sage House. On the north side of Gramercy Park sits a landmarked pre-war home in an incredibly flexible co-op that welcomes pied-a-terres, co-purchasing, and unlimited subletting (after 1-year of Ownership with board approval). This 3-4 bedroom loft has wraparound downtown skyline views, floor-to-ceiling windows, 15-foot ceilings and a large private roof terrace (1100sqft) with unobstructed views that cannot be replicated in this blue-chip Gramercy Park location. Enjoy the discretion of boutique building with 24-hour concierge and live-in super with a sun-blasted penthouse that checks off every box a luxury Penthouse owner requires. On the 1st level, there are 2 bedrooms plus an original wood-paneled library (easily converted to 3rd bedroom) with Empire State Building views. The 3 rooms share a full bath and laundry room. Facing North, East and West, all rooms enjoy unobstructed views from all 3 exposures. On the 2nd level, step into a magnificent Great Room with double-height ceilings, woodburning fireplace with a large sunroom off the Great Room. A Chef's kitchen with a large dining area is perfect for the most impressive entertaining. Complete with a large walk-in pantry, there is also a powder room on this floor. On the 3rd level, enjoy a breathtaking, oversized 30 x 19 Primary Suite with 30 linear feet of floor-to-ceiling windows and triple exposures. En-suite to the Primary bedroom, there is a windowed Primary bath a with a double vanity. Finally, the private roof terrace crowns this trophy loft with a 54 x 20 foot perfect rectangle for entertaining. Surrounded only by spectacular views (no adjacent neighbors!) you can enjoy sunrises and sunsets all year long. Built in 1912, The Sage House has a regal sandstone fa ade, full-time door attendants, full-time super, common laundry, a bicycle room, and private storage. It is moments from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and dozens of the best restaurants, bars, and cafes. Accessible subway lines include the 4, 5, 6, L, N, Q, R, W. Co-purchasing, parents purchasing for employed children, gifting, pets and pieds-a-terre are welcome. 80% financing allowed. Buyer pays 2.5% flip tax.

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Important Stuff
Elevator
Washer/Dryer in unit
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Fireplace
Central Air
Skyline View
Building Amenities
Bike Room
Cold Storage
Gifts Allowed
Live In Super
Fios Available
Storage Available
Laundry in Building
Outdoor Space
Terrace
Private Roof Deck
Coop Rules
Sublets Allowed
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$5,350,000
Asking Price: $5,350,000
Term
30 Years
Down Payment
$1,070,000 (20%)
Min: 20% (1,070,000)
Rate
6.5 %
Mortgage Amount
$4,280,000
Mortgage Payment
$27,053
Maintenance
$4,637
Estimated closing cost
$128,000
Total monthly cost $31,690
Listing Courtesy of Corcoran Group

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