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Map
$4,995,000
●
House -
For Sale
325 E 14th Street
Manhattan, NY 10003
6 Beds
6 Baths,
3
Half Baths
7868 Sqft
$36,044
Estimated Monthly
$5,350
HOA / Fees
0.60%
Cap Rate
About This Property
325 East 14th Street is a 23 ft wide Greek Revival built walk-up
with mixed use building located on the edge of Gramercy and the
East Village. First time Offering!
The building contains three, free-market renovated residential units and two vacant retail spaces with approximate total of 7,868 sf with lot dimensions of 23' x 103'. The ground floor retail space with extension, full height basements and small exterior space were used for a restaurant/bar and most recently occupied by the Crocodile Lounge. The parlor floor has approx 13 ft ceilings, two decorative fireplaces and floor to ceiling windows. It had been used as a banquet/event space for a prior restaurant and then later as a artist studio and could be re-combined with the ground floor space. Both retails spaces are vacant and ready for renovation. Residential units two, three and four are all renovated, full-floor, apartment with 2 Bedrooms/1 Bath. There are also approximately 4080 of additional roof rights with zoning C1-6A.
Originally built in 1910 this property has a rich history. Once the home for one of the city's wealthiest businessman James McCreery and later converted and run for four decades as a theatrical boarding house. Famous occupants from writers, opera singers, vaudeville acrobats along with the famous outlaws the Sundance Kid and his wife Etta James. Then for over two generations, the famed Italian restaurant on the ground floor catered to Edward Koch, Carol Burnett, Fannie Hurst, Andy Warhol, Woody Allen and even the Mets!
Held in the family for multiple generations, this is the first time ever offered for sale. This property offers an great opportunity for any end-user or investor looking to customize for their own use or create new retail spaces. The convenient location and easy transportation also makes it a fantastic investment!
Contact exclusive brokers for additional information or to schedule a showing.
The building contains three, free-market renovated residential units and two vacant retail spaces with approximate total of 7,868 sf with lot dimensions of 23' x 103'. The ground floor retail space with extension, full height basements and small exterior space were used for a restaurant/bar and most recently occupied by the Crocodile Lounge. The parlor floor has approx 13 ft ceilings, two decorative fireplaces and floor to ceiling windows. It had been used as a banquet/event space for a prior restaurant and then later as a artist studio and could be re-combined with the ground floor space. Both retails spaces are vacant and ready for renovation. Residential units two, three and four are all renovated, full-floor, apartment with 2 Bedrooms/1 Bath. There are also approximately 4080 of additional roof rights with zoning C1-6A.
Originally built in 1910 this property has a rich history. Once the home for one of the city's wealthiest businessman James McCreery and later converted and run for four decades as a theatrical boarding house. Famous occupants from writers, opera singers, vaudeville acrobats along with the famous outlaws the Sundance Kid and his wife Etta James. Then for over two generations, the famed Italian restaurant on the ground floor catered to Edward Koch, Carol Burnett, Fannie Hurst, Andy Warhol, Woody Allen and even the Mets!
Held in the family for multiple generations, this is the first time ever offered for sale. This property offers an great opportunity for any end-user or investor looking to customize for their own use or create new retail spaces. The convenient location and easy transportation also makes it a fantastic investment!
Contact exclusive brokers for additional information or to schedule a showing.
Unit Size
7,868Ft²
Days on Market
376 days
Land Size
-
Price per sqft
$635
Property Type
House
Property Taxes
$6,167
HOA Dues
$5,350
Year Built
1910
Listed By
Last updated: 4 months ago (RLS #COMP-1292837168804245161)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 18, 2023 | Listed by Compass | $4,995,000 | |
Listed by Compass |
Property Highlights
Air Conditioning
Fireplace
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Full Bathrooms: 3
Half Bathrooms: 3
Interior Information
Interior Features: High Ceilings
Flooring Type: Hardwood
Living Area: 7868
Room Information
Laundry Features: See Remarks
Fireplace Information
Has Fireplace
Decorative
Fireplaces: 1
Basement Information
Has Basement
Full
Exterior Details
Property Information
Year Built: 1910
Building Information
Pets Allowed: Building Yes, Cats O K, Dogs O K
Lot Information
Lot Size Dimensions: 23.000000x103.250000
Land Information
Tax Lot: 15
Tax Block: 00921
Financial Details
Tax Annual Amount: $74,004
Utilities Details
Cooling Type: Central Air, Wall Units
Heating Type: Baseboard, Wall Furnace
Location Details
Subdivision Name: Gramercy
Stories Total: 4
Association Fee: $5,350
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
6
Beds
6
Baths
-
$4,700,000
May 28, 2019
$4,700,000
Sep 19, 2019
-
House
5
Beds
4
Baths
-
$4,185,000
Aug 20, 2021
$4,185,000
Dec 21, 2021
-
Condo
5
Beds
5
Baths
3,602 ft²
$1,367/ft²
$4,925,000
Sep 12, 2017
$4,925,000
Jan 12, 2018
$7,691/mo
Co-op
5
Beds
5
Baths
-
$4,600,000
Mar 19, 2021
$4,600,000
Nov 22, 2021
$7,813/mo
Condo
4
Beds
5
Baths
2,552 ft²
$1,957/ft²
$4,995,000
Apr 28, 2021
$4,995,000
Aug 5, 2021
$7,883/mo
Active
House
6
Beds
6
Baths
4,917 ft²
$1,139/ft²
$5,600,000
Dec 8, 2021
-
-
In Contract
Condo
3
Beds
4
Baths
2,510 ft²
$2,114/ft²
$5,305,000
May 10, 2022
-
$6,310/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
325 East 14th Street
325 East 14th Street, New York, NY 10003
- 5 Units
- 1 Unit for Sale