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4 Lexington Avenue #1R
Coop in Gramercy Park •  building info
studio • 1ba
Sold price

$417,500

Key Details
Days on market
286
Last price change
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Estimated payment
$3,072
Monthly taxes
N/A
Monthly maintenance
$1,070
Description
Rare opportunity to purchase a LIVE/WORK-FRIENDLY studio in Flatiron/Gramercy's historic, full service Sage House, Perfect either as a primary residence, a pied-a-terre, or as an office/commercial space -- a therapists office; a design, photography, or artists studio; or simply as a serene office space outside of your own home. This turn-key studio features a full, renovated kitchen with granite countertops and breakfast bar, a full-size refrigerator, a Fridgidaire dishwasher, a four-burner gas stove and oven, and lovely wood and glass cabinets. Unique architectural details include an alcove framed in bronze, as well as a bronze front door and radiator covers. The nine-foot ceilings lend an airy feel to the studio, as do the 3 windows, which face the street. There are beautiful white oak floors throughout and three closets. The renovated, classic black-and-white bathroom has a deep soaking tub and a shower. Sage House, designed in the Italian Renaissance palazzo-style by Grosvenor Atterbury and built in 1912 from rough-cut red sandstone, is a landmarked coop which has a grand, double-height lobby. The coop has a 24-hour doorman, a resident super, a common laundry, a bicycle room, and private storage. It allows pets, pieds-a-terre, parents buying for employed children, co-purchasing, and gifting, as well as unlimited subletting (with Board approval) after one year of ownership and maximum 80% financing. Located one block from Gramercy Park and minutes from Madison Square Park, Union Square, Eataly, Flatiron, NoMad, and some of the best restaurants, bars, and cafes in the city.

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Important Stuff
Elevator
Full Time Doorman
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Dishwasher
Building Amenities
Bike Room
Concierge
Cold Storage
Gifts Allowed
Live In Super
Fios Available
Storage Available
Laundry in Building
Coop Rules
Sublets Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$417,000
Asking Price: $417,500
Term
30 Years
Down Payment
$83,000 (20%)
Min: 20% (83,000)
Rate
6.0 %
Mortgage Amount
$334,000
Mortgage Payment
$2,002
Maintenance
$1,070
Estimated closing cost
$7,000
Total monthly cost $3,072
Listing Courtesy of Compass

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