1 /
3
Map
$1,750,000
●
Co-op -
Off Market
4 Lexington Ave #3P6D13M
Manhattan, NY 10010
2 Beds
3 Baths
$11,279
Estimated Monthly
$2,686
HOA / Fees
2.26%
Cap Rate
About This Property
Offered for sale: three (3) rent regulated units at Gramercy Park's
finest full service pre-war building, The Sage House.
Apartments # 3P, # 6D and # 13M are, respectively, two separate studios and a one bedroom property in the prestigious and luxury, full service prewar co-operative Sage House, being presented together for sale in this offering.
Totaling 2709 shares, these units represent a substantial holding in a financially sound corporation: a beautiful, 24-hour doorman building, located in the heart of bucolic Gramercy Park. Their prime location adjacent to the Gramercy Park Hotel, compounded by the surrounding world-class restaurants (including ABC Kitchen, Maialino, Gramercy Tavern and Eleven Madison Park), the lower 5th Avenue shopping district, Union Square with its famed Farmers Market, and a central location bridging the East, West, North and South of Manhattan, with a range of public transportation within mere blocks.
With a substantially higher vacant value, these properties are positioned to provide excellent future return to the owner, especially considering the buildings completion just last year of major capital improvements to the corridors, common areas and lobby, as well as significant facade refurbishment completed this year.
Apartments # 3P, # 6D and # 13M are, respectively, two separate studios and a one bedroom property in the prestigious and luxury, full service prewar co-operative Sage House, being presented together for sale in this offering.
Totaling 2709 shares, these units represent a substantial holding in a financially sound corporation: a beautiful, 24-hour doorman building, located in the heart of bucolic Gramercy Park. Their prime location adjacent to the Gramercy Park Hotel, compounded by the surrounding world-class restaurants (including ABC Kitchen, Maialino, Gramercy Tavern and Eleven Madison Park), the lower 5th Avenue shopping district, Union Square with its famed Farmers Market, and a central location bridging the East, West, North and South of Manhattan, with a range of public transportation within mere blocks.
With a substantially higher vacant value, these properties are positioned to provide excellent future return to the owner, especially considering the buildings completion just last year of major capital improvements to the corridors, common areas and lobby, as well as significant facade refurbishment completed this year.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$2,686
Year Built
1931
Last updated: 5 months ago ( #PDES-2328475)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 25, 2016 | Listed by Elliman | $1,750,000 | |
Listed by Elliman |
Property Highlights
Doorman
Elevator
Interior Details
Interior Information
Laundry Features: Common Area
Room Information
Rooms: 7
Exterior Details
Property Information
PropertySubType: Apartment
Living Area Units: SquareFeet
Building Information
Stories (Total): 15
Financial Details
Flip Tax Remarks: 2.5% gross profit of sale
Flip Tax Type: Percent
Tax Deduction Percent: 50
Location Details
Association Fee: $2,686
Community Features: Storage
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
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
Coop
2
Beds
2
Baths
-
$1,750,000
Apr 12, 2021
$1,750,000
Sep 15, 2021
$2,124/mo
Coop
2
Beds
2
Baths
-
$1,725,000
Sep 3, 2014
$1,725,000
Nov 18, 2014
$2,249/mo
Coop
2
Beds
2
Baths
-
$1,775,000
Apr 27, 2019
$1,775,000
Dec 13, 2019
$2,267/mo
Coop
2
Beds
2
Baths
1,300 ft²
$1,538/ft²
$1,999,000
Jan 2, 2019
$1,999,000
Oct 10, 2019
$1,989/mo
Coop
2
Beds
1
Bath
-
$1,585,000
Jan 28, 2021
$1,585,000
Jun 6, 2022
$2,712/mo
Condo
1
Bed
1
Bath
788 ft²
$2,223/ft²
$1,751,390
Aug 10, 2017
$1,751,390
Apr 8, 2019
$2,370/mo
Active
Condo
2
Beds
1
Bath
920 ft²
$1,575/ft²
$1,449,000
Sep 25, 2023
-
$3,414/mo
In Contract
Condo
1
Bed
1
Bath
833 ft²
$1,981/ft²
$1,650,000
Feb 3, 2024
-
$3,034/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/22/2023
|
3 Bed
|
3 Bath
|
-
|
$1,995,000
3 Bed
3 Bath
|
$1,875,000
-6.02%
02/22/2024
|
-
|
Thomas Doyle
Sothebys International Realty
|
|
08/16/2022
|
2 Bed
|
2 Bath
|
-
|
$1,595,000
2 Bed
2 Bath
|
$1,395,000
-12.54%
09/26/2023
|
-
|
Rachel Glazer
Compass
|
|
07/05/2022
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$399,000
-9.11%
10/25/2023
|
-
|
Michael Raab
The Corcoran Group
|
|
04/21/2022
|
Studio
|
1 Bath
|
400 ft²
|
$499,999
Studio
1 Bath
400 ft²
|
$532,160
+6.43%
09/20/2022
|
Steven Marvin
Serhant LLC
|
||
03/21/2022
|
2 Bed
|
2 Bath
|
1200 ft²
|
$949,000
2 Bed
2 Bath
1200 ft²
|
$935,000
-1.48%
06/30/2022
|
-
|
Suzanne DeFosset
Prudential Douglas Elliman Real Estate
|
|
02/28/2022
|
Studio
|
1 Bath
|
-
|
$500,000
Studio
1 Bath
|
$475,000
-5.00%
08/24/2022
|
David Rosen
Douglas Elliman Real Estate
|
||
01/04/2022
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$472,000
+4.89%
04/14/2022
|
Giovanni Castro
Compass
|
||
09/30/2021
|
Studio
|
1 Bath
|
-
|
$479,000
Studio
1 Bath
|
$480,000
+0.21%
05/03/2022
|
Barbara Etzel
Corcoran Group
|
||
09/21/2021
|
1 Bed
|
1 Bath
|
-
|
$825,000
1 Bed
1 Bath
|
$805,000
-2.42%
02/15/2022
|
-
|
Ryan Serhant
SERHANT.
|
|
06/29/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$749,000
1 Bed
1 Bath
700 ft²
|
$700,000
-6.54%
01/13/2022
|
Akash Narula
Douglas Elliman Real Estate
|
||
06/21/2021
|
1 Bed
|
1 Bath
|
-
|
$749,500
1 Bed
1 Bath
|
$825,000
+10.07%
10/18/2021
|
SARAH RIEGLE
Compass
|
||
06/18/2021
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$435,000
-3.12%
06/29/2022
|
-
|
Barbara Etzel
The Corcoran Group
|
|
05/30/2021
|
Studio
|
1 Bath
|
-
|
$530,000
Studio
1 Bath
|
$500,000
-5.66%
01/11/2022
|
Lynne S Mazin
Douglas Elliman Real Estate
|
||
05/16/2021
|
Studio
|
1 Bath
|
-
|
$500,000
Studio
1 Bath
|
$495,000
-1.00%
05/25/2022
|
-
|
Joshua Lieberman
Prudential Douglas Elliman Real Estate
|
|
04/12/2021
|
2 Bed
|
2 Bath
|
-
|
$1,750,000
2 Bed
2 Bath
|
$1,750,000
09/15/2021
|
-
|
Ryan Stenta
Prudential Douglas Elliman Real Estate
|
|
03/12/2021
|
Studio
|
1 Bath
|
-
|
$499,999
Studio
1 Bath
|
$440,000
-12.00%
08/31/2021
|
-
|
Barbara Etzel
The Corcoran Group
|
|
10/29/2020
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$430,000
-9.47%
08/05/2021
|
Melanie Kohler
Compass
|
||
10/15/2019
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$475,000
06/22/2020
|
Jackie Jenkins
Akam Sales & Brokerage Inc
|
||
06/10/2019
|
Studio
|
1 Bath
|
-
|
$475,000
Studio
1 Bath
|
$485,000
+2.11%
09/23/2019
|
Greg Mire
Compass
|
||
04/27/2019
|
2 Bed
|
2 Bath
|
-
|
$1,775,000
2 Bed
2 Bath
|
$1,775,000
12/13/2019
|
-
|
Carol Friedman
Nest Seekers International
|
|
04/11/2019
|
Studio
|
1 Bath
|
-
|
$410,000
Studio
1 Bath
|
$425,000
+3.66%
08/14/2019
|
David Pearlberg
Compass
|
||
04/03/2019
|
5 Bed
|
5 Bath
|
-
|
$2,695,000
5 Bed
5 Bath
|
$2,525,000
-6.31%
02/26/2020
|
-
|
Gian Mitchell
Garfield, Leslie J. & Co., Inc.
|
|
01/09/2019
|
Studio
|
1 Bath
|
-
|
$400,000
Studio
1 Bath
|
$365,000
-8.75%
01/03/2020
|
Lily Christensen
Sothebys International Realty
|
||
01/02/2019
|
2 Bed
|
2 Bath
|
1300 ft²
|
$1,999,000
2 Bed
2 Bath
1300 ft²
|
$1,999,000
10/10/2019
|
Kenny Blumstein
Corcoran Group
|
||
11/08/2018
|
Studio
|
1 Bath
|
-
|
$420,000
Studio
1 Bath
|
$405,750
-3.39%
07/15/2019
|
Eunice Turso
Weichert Properties
|
||
09/06/2018
|
2 Bed
|
2 Bath
|
-
|
$1,800,000
2 Bed
2 Bath
|
-
-
|
-
|
-
|
|
08/21/2018
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
-
-
|
-
|
-
|
|
09/11/2017
|
Studio
|
1 Bath
|
-
|
$429,000
Studio
1 Bath
|
$395,000
-7.93%
11/09/2018
|
-
|
John Ferris
The Corcoran Group
|
|
08/16/2017
|
Studio
|
1 Bath
|
400 ft²
|
$465,000
Studio
1 Bath
400 ft²
|
$465,000
11/17/2017
|
Victor Larroche
Douglas Elliman Real Estate
|
||
05/16/2017
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$699,000
09/19/2017
|
Michael Rubin
Compass
|
||
05/12/2017
|
Studio
|
1 Bath
|
-
|
$399,900
Studio
1 Bath
|
$400,000
+0.03%
09/21/2017
|
Elizabeth Sahlman
Compass
|
||
02/24/2017
|
Studio
|
1 Bath
|
240 ft²
|
$350,000
Studio
1 Bath
240 ft²
|
-
-
|
-
|
Leasing Office 15 Cliff
Rose Associates Inc
|
|
02/21/2017
|
1 Bed
|
1 Bath
|
650 ft²
|
$1,125,000
1 Bed
1 Bath
650 ft²
|
$1,125,000
05/08/2017
|
Niklas Hackstein
Meier Real Estate
|
||
01/04/2017
|
Studio
|
1 Bath
|
-
|
$399,999
Studio
1 Bath
|
$393,000
-1.75%
05/09/2017
|
Ira Schulte
Citi Habitats, Inc.
|
||
11/01/2016
|
Studio
|
1 Bath
|
-
|
$429,000
Studio
1 Bath
|
$380,000
-11.42%
05/25/2017
|
David Ben
Douglas Elliman Real Estate
|
||
06/03/2016
|
1 Bed
|
1 Bath
|
-
|
$840,000
1 Bed
1 Bath
|
$840,000
09/08/2016
|
Caleb Loftus
Compass
|
||
05/18/2016
|
Studio
|
1 Bath
|
-
|
$495,000
Studio
1 Bath
|
-
08/25/2016
|
Benjamin Pofcher
Sothebys International Realty
|
||
04/25/2016
|
Studio
|
1 Bath
|
-
|
$519,999
Studio
1 Bath
|
-
-
|
-
|
Ira Schulte
Citi Habitats, Inc.
|
|
04/18/2016
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$440,000
+0.23%
09/15/2016
|
Jackie Jenkins
Akam Sales & Brokerage, Inc.
|
||
04/11/2016
|
1 Bed
|
1 Bath
|
725 ft²
|
$775,000
1 Bed
1 Bath
725 ft²
|
$556,000
-28.26%
12/06/2016
|
Estelle Meister
Douglas Elliman Real Estate
|
||
02/08/2016
|
Studio
|
1 Bath
|
400 ft²
|
$449,000
Studio
1 Bath
400 ft²
|
-
-
|
-
|
John Ferris
Corcoran Group
|
|
02/05/2016
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
-
-
|
-
|
Rebecca Buchanan
The Corcoran Group
|
|
01/29/2016
|
Studio
|
1 Bath
|
500 ft²
|
$480,000
Studio
1 Bath
500 ft²
|
$480,000
11/30/2016
|
Leonard Steinberg
Compass
|
||
01/25/2016
|
2 Bed
|
3 Bath
|
-
|
$1,750,000
2 Bed
3 Bath
|
-
-
|
-
|
Kane Manera
Corcoran Group
|
|
01/12/2016
|
Studio
|
1 Bath
|
-
|
$399,000
Studio
1 Bath
|
$415,000
+4.01%
05/04/2016
|
-
|
Fisher Einhorn
Douglas Elliman Real Estate
|
|
01/05/2016
|
Studio
|
1 Bath
|
-
|
$390,000
Studio
1 Bath
|
$385,000
-1.28%
08/16/2016
|
Heather Swicicki
Douglas Elliman Real Estate
|
||
10/23/2015
|
1 Bed
|
1 Bath
|
656 ft²
|
$820,000
1 Bed
1 Bath
656 ft²
|
$825,000
+0.61%
02/25/2016
|
Shari Cohen
TOWN Residential, LLC.
|
||
08/14/2015
|
Studio
|
1 Bath
|
-
|
$399,999
Studio
1 Bath
|
-
-
|
-
|
Ira Schulte
Citi Habitats, Inc.
|
|
07/28/2015
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$600,000
-4.00%
01/14/2016
|
Adrianne Kriegstein
CORE Group Marketing LLC
|
||
06/30/2015
|
1 Bed
|
1 Bath
|
-
|
$799,000
1 Bed
1 Bath
|
$825,000
+3.25%
10/14/2015
|
Shirley Harnick
Douglas Elliman Real Estate
|
||
04/27/2015
|
1 Bed
|
1 Bath
|
625 ft²
|
$834,000
1 Bed
1 Bath
625 ft²
|
$834,000
07/20/2015
|
Jessica Vertullo
Compass
|
||
03/25/2015
|
Studio
|
1 Bath
|
-
|
$485,000
Studio
1 Bath
|
-
-
|
-
|
Rebecca Buchanan
The Corcoran Group
|
|
03/11/2015
|
Studio
|
1 Bath
|
-
|
$449,000
Studio
1 Bath
|
$449,000
08/17/2015
|
Amy Wilder
Douglas Elliman Real Estate
|
||
01/02/2015
|
Studio
|
1 Bath
|
450 ft²
|
$450,000
Studio
1 Bath
450 ft²
|
-
-
|
-
|
Frank Seegitz
Prudential Douglas Elliman Real Estate
|
|
09/03/2014
|
2 Bed
|
2 Bath
|
-
|
$1,750,000
2 Bed
2 Bath
|
$1,725,000
-1.43%
11/18/2014
|
Kane Manera
Corcoran Group
|
||
08/19/2014
|
Studio
|
1 Bath
|
500 ft²
|
$550,000
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Deborah Zavon Ehrlich
Halstead Manhattan LLC
|
|
06/20/2014
|
1 Bed
|
1.5 Bath
|
1300 ft²
|
$1,399,000
1 Bed
1.5 Bath
1300 ft²
|
$1,399,000
10/09/2014
|
James E
TOWN Residential, LLC.
|
||
05/02/2014
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$738,500
+1.86%
08/07/2014
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
05/01/2014
|
Studio
|
1 Bath
|
-
|
$389,000
Studio
1 Bath
|
$389,000
09/17/2014
|
-
|
Ariel Cohen
Prudential Douglas Elliman Real Estate
|
|
04/22/2014
|
1 Bed
|
1 Bath
|
1100 ft²
|
$1,150,000
1 Bed
1 Bath
1100 ft²
|
$1,302,000
+13.22%
08/20/2014
|
Bourgondien Van
Corcoran Group
|
||
04/21/2014
|
1 Bed
|
1 Bath
|
-
|
$775,000
1 Bed
1 Bath
|
-
10/29/2014
|
Margaret Bay
Brown Harris Stevens Residential Sales LLC
|
||
04/11/2014
|
Studio
|
1 Bath
|
-
|
$379,999
Studio
1 Bath
|
$370,000
-2.63%
08/26/2014
|
Ira Schulte
Citi Habitats
|
||
02/02/2014
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$602,000
-7.24%
07/30/2014
|
Ira Schulte
Citi Habitats
|
||
01/07/2014
|
1 Bed
|
1 Bath
|
800 ft²
|
$675,000
1 Bed
1 Bath
800 ft²
|
$613,050
-9.18%
12/04/2014
|
Elizabeth Hamersley
Douglas Elliman Real Estate
|
||
09/23/2013
|
Studio
|
1 Bath
|
-
|
$349,999
Studio
1 Bath
|
$344,000
-1.71%
02/25/2014
|
Ira Schulte
Citi Habitats
|
||
09/21/2013
|
Studio
|
1 Bath
|
-
|
$349,000
Studio
1 Bath
|
$399,000
+14.33%
09/17/2014
|
Ariel Cohen
Elliman
|
||
09/21/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$650,000
1 Bed
1 Bath
800 ft²
|
-
-
|
-
|
Lenny Sporn
SNRE Group
|
|
09/21/2013
|
1 Bed
|
1 Bath
|
715 ft²
|
$710,000
1 Bed
1 Bath
715 ft²
|
-
-
|
-
|
Vickey Barron
Elliman
|
|
08/31/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$675,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Ira Schulte
Citi Habitats, Inc.
|
|
07/23/2013
|
Studio
|
1 Bath
|
-
|
$369,999
Studio
1 Bath
|
$355,000
-4.05%
06/25/2014
|
Ira Schulte
Citi Habitats
|
||
01/25/2013
|
1 Bed
|
2 Bath
|
600 ft²
|
$379,000
1 Bed
2 Bath
600 ft²
|
$379,000
07/11/2013
|
James Brettholz
TOWN Residential, LLC.
|
||
11/28/2012
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
$255,000
-1.54%
05/15/2013
|
Cedric A
Halstead dba Brown Harris Stevens Residential Sales LLC
|
||
05/09/2012
|
1 Bed
|
1.5 Bath
|
820 ft²
|
$925,000
1 Bed
1.5 Bath
820 ft²
|
-
-
|
-
|
Glenn Davis
Prudential Douglas Elliman Real Estate
|
|
11/03/2011
|
Studio
|
1 Bath
|
350 ft²
|
$335,000
Studio
1 Bath
350 ft²
|
$309,000
-7.76%
05/07/2012
|
Martin Krasnoff
RAND REALTY NY // CONDOS NY, LLC
|
||
05/05/2010
|
Studio
|
1 Bath
|
-
|
$365,000
Studio
1 Bath
|
$330,000
-9.59%
02/05/2021
|
-
|
Colleen C
Keller Williams NYC
|
|
05/23/2006
|
Studio
|
1 Bath
|
-
|
$420,000
Studio
1 Bath
|
$369,000
-12.14%
07/27/2006
|
-
|
Levi Michael Rodriguez
Douglas Elliman Real Estate
|
Building Info
Sage House
4 Lexington Avenue, New York, NY 10010
- 167 Units
- 3 Units for Sale