BACK ON THE MARKET WITH A FRESH LOOK AND NEW PRICE!Beckoning the bygone era of the Gilded Age in New York, this exceptional 28-foot-wide, elevator townhome sits perfectly positioned with a centerline view over Stuyvesant Square Park. Beautifully renovated in 2019, this stately home with gracious proportions features a three-bay facade, round-arched doors and windows, a lovely foliate patterned cast-iron balcony that runs the width of the edifice, and a paneled cornice. Totaling nearly 8, 500sf with additional FAR, the five-story was originally built in the 1850s and currently has 6 bedrooms and 5 baths, and 2 powder rooms. It is the only Anglo-Italianate house in the district that was not originally part of a row of narrow, uniform houses.
This elegant townhouse has been featured in numerous design publications including Elle Decor and was one of Elle Decor's top "liked" Instagram posts of 2021. New energy-efficient boiler and HVAC systems in 2019, along with a new roof, roofing membrane, drainage, down piping, and exterior decking are just a few of the many upgrades made by the current owner. The house features extremely high ceilings throughout, hardwood floors, a grand winding staircase, five fireplaces (one wood-burning), arched doorways, skylights, and original moldings.
A rare offering that must be seen to truly appreciate.
The Garden
Enter via the gated street entrance to a front garden and elegant entry vestibule, this level has a massive eat-in kitchen with a butler's pantry, powder room, and formal dining room with a beautiful wood-burning fireplace.
The Kitchen
The Clive Christian-designed kitchen features top-of-the-line appliances from Viking and Sub-Zero, as well as marble countertops and painted pine cabinetry. From the kitchen, one may access the private backyard garden, which is a dream unto itself. The dimming bistro light set up in the garden and ivy-clad walled garden walls create a private, peaceful refuge where you almost forget you are in New York City.
The Parlor
With soaring 16' ceilings and a floating curved staircase, the Parlor level provides a backdrop to entertain suitable even for the Great Jay Gatsby. The full-length, round-arch windows, all of which retain original muntins, and are on a line with the windows of No. 241, face south over the park and let in the most beautiful light all day long. The beautiful foliate patterned cast-iron Juliet balcony extends the width of the house where one can sit and soak in the sun. The rear parlor level is currently dedicated to the primary suite, with a gorgeous en-suite bathroom, walk-in closet, and private terrace.
Third Floor
The third floor features three sizable bedrooms, two bathrooms, laundry, as well as a sitting room that could be converted into an additional bedroom.
Fourth Floor
The current setup for the 4th floor is a standalone suite with a living room, bar, gym, bedroom, and bathroom. Before the current owners, Clifford Jordan, the renowned jazz tenor saxophonist along with his wife, Sandy Jordan, lived on the fourth-floor studio for decades prior.
With its 2. 242sf of additional FAR remaining, the next owner can build up an additional level or two and adjacent roof terraces with incredible park and city views. Plans can be provided.
English Basement
Accessed by elevator, internal stair, or a private entrance under the stoop, at the English basement, the round-arched door and windows are framed by columns supporting stilted segmental arches. This level features a media room/screening room, additional laundry, access to the garden, as well as an additional bedroom with a separate entrance which can also function as a home office or an accessory suite.
In a prime location near Gramercy Park, Friends Seminary School, and some of New York City's best restaurants and shopping, this townhouse sits directly across from Stuyvesant Square Park in the Stuyvesant Square Historic District. Whether you are looking for a home to entertain like Gatsby, or a tranquil and private abode to unwind and relax, No. 243 provides a unique opportunity to acquire a rare and significant piece of New York City real estate.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $11,996,000 | $11,996,000 | $11,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $8,885 | $8,885 | $8,885 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $68,112 | $74,839 | $100,421 |
Total Monthly Payment | $77,122 | $83,849 | $109,431 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.