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Off market
  • $8,626,000

    225 E 21st St, New York, NY 10010

    --beds
    0baths
    6,500sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $1,327/sqft
    $4,653 Estimated rent

    What's special

    Inspired by the rawness and rustication of stone and brickwork and the contrast between old and new, the layering of history are all important dimensions of the design. Despite the perceived impracticality, the threshold is an important spatial concept for the offerings architect who is drawn to the tension created by the juxtaposition of opposites. Throughout, one sees the old counterpoised with the new, the rustic with the smooth, lines with curves, and the organic with the rational. Aged materials and acquired patina, change, and accident. Now a three-unit Greek Revival designed structure in Flemish bond red brick and trimmed in a brownstone, the original building was an old dental factory with a carriage house. The house was gutted to its original shell which was then remade into these one-of-a-kind lofts that are subdivided into distinct areas. Featured on Netflix's AMAZING INTERIORS Season 1, Episode 10, this lab loft is the ultimate and eccentric workspace with transitional spaces between them, these being: a bridge, a moat, and a cantilevered second story. The Second and Third Floors are equally special, each with an open-air rooftop and terrace, working fireplace, and terrace. The Lofts are not ordinary. This is a valuable opportunity to acquire a unique venerable building in the hub of New York's eldest and cherished Gramercy Park neighborhood including all the charm of the historic district without landmark restrictions should one care to reconstruct or redevelop the building. Nowadays these rare stone buildings represent some of the most sought-after real estate in New York City. A matchless offer, the property cedes a distinct potential and opportunity in its transfer. Assume sundry uses-with additional alteration and/or conversion any transformation could yield an excellent asset. At present, the structure holds a commercial certificate of occupancy (non-conforming use-laboratory/factory/manufacturing) with a S2 building class (One to Two Family with One Store or Office). The building is situated on a prime R8-B block. It is an ideal prospect for a mixed-use opportunist as the building class and zoning allow for both commercial and residential end-use. This versatile alternative is a hot topic nowadays. The total measured space now built out on the unusually rare 22.2 ft x 98ft lot is approximately 6578 sf including outdoor spaces plus 50 feet of lower grade space. The full 7ft height cellar holds the building's mechanicals, meters, and storerooms and comes with additional square footage to take advantage of. With a maximum FAR of 4, though only built at 3.02 the allowed usable floor area is 8,712 sf. Therefore, an unused FAR of 2,173 sf could certainly add to its thought-out and promising measure. The excellent proportions and remnant design of this house as it is or coupled with the additional FAR really does allow for even more amazing interiors. Nonetheless, as intended, architecturally it says things that have never been said before in a timeless way.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 6,500 sqft

    Property

    Lot
    • Size: 2,197 sqft
    Details
    • Parcel number: 009020018

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: New York
    Services availability