by RH Advisors

See Home Value
$8,885,000
Condo - Off Market

72 E 1st Street #PH

Manhattan, NY 10003
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3000 Sqft
$48,868
Estimated Monthly
$1,967
HOA / Fees
0.71%
Cap Rate

About This Property

Through a cast iron gate and behind a forest green door is an anomaly: the Penthouse and Cottage at 72 East 1st Street. This gut renovated duplex is infused with the sensibility of an English country house, commanding attention through its unobstructed southern and eastern exposures, its obsessive attention to detail, and most notably through its crown: the rooftop's Cape Cod-style shingled cottage and terrace. Offering four bedrooms, an open farmhouse kitchen, a double-height living room, and the cottage – which can function as a standalone studio – the home is both contemporary and timeless. It's a lodestar to a type of elevated, elegant, and sophisticated living rarely seen in the East Village.

The crown of the penthouse is the Cape Cod-style roof cottage and private landscaped terrace, one of New York City's most delectable hidden gems. With ceilings up to 12', exposures on three sides, an open view to the south, and a level of finish equal to the rest of the house, the cottage is a transportative oasis. As a standalone studio, it can function as a guest suite or a private home office. A banquette with bay windows overlooks the planted terrace, with shrubbery, an apple tree, and multiple seating and lounging areas. Barely visible from the street, the cottage serves as a beacon for those in the know, beckoning them to this refined East Village residence.

The heart of the home is the open kitchen, dining area, and living room on the lower floor. The living room ceilings soar over 18 feet high, letting light from the southern-facing windows spill in over two levels. There is a rear-facing northern exposure here, as well, leaving the space bright all day. Already, the level of detail is apparent. The floor in the living room is made of large parquet tiles, salvaged from a theater in London. The rest of the house features chevron-pattern white oak. The walls throughout the home have a specialty paint finish by Mark Chamberlain. Each of the windows, furnished by Historical Windows, is double-paned, contains UV filtration, light control shades, wood shutters and trim, and is astoundingly quiet. Finally, a gas-burning limestone fireplace anchors the room.

A grand staircase connects the lower living room and the upper level library and overlook, creating in essence a marvelous two-level living room. The stairs and railing were custom built for the house. The library, with its built-in shelving, is a quiet corner in this grand room.

Just off the living room, the windowed kitchen is built for a chef. With plenty of counter space, open shelving, and oak cabinets, it's well designed for cooking for many, or for few. High-end furnishings include a Lacanche range, a North Star fridge, custom overhead and hanging lighting by Olampia, and a copper-topped kitchen island. The walls are lined with encaustic tiles from Mosaic House. The adjacent dining area, also with south-facing exposures, comfortably seats twelve. A powder room rounds out the public spaces.

The lower level also includes the principal suite. This corner oasis includes four closets, a wood-burning marble fireplace, a double vanity, and a soaking tub. Exposures from the east and the south illuminate the gold-finished Waterworks fixtures and the encaustic tile. The spacious bedroom is nonetheless made cozy by the fireplace, the built-in bedside lamps, and the rustic aesthetic. Finally, a proper dressing room abuts the closets, each of which is custom-built for plenty of storage.

Three additional bedrooms are upstairs, including a junior suite. The corner suite includes another marble wood-burning fireplace, an en-suite bathroom with Waterworks fixtures and a stall shower with blue floor-to-ceiling tiling from Mosaic House. The other two additional bedrooms, each with custom built-out closets, share a full bathroom also with Waterworks fixtures, mosaic tile, and a soaking tub. Completing the level is a full laundry room and a den or lounge area.

With only two other unit
Unit Size
3,000Ft²
Days on Market
89 days
Land Size
-
Price per sqft
$2,962
Property Type
Condo
Property Taxes
$3,274
HOA Dues
$1,967
Year Built
1910
Last updated: 14 days ago (RLS #COMP-1491448214781228697)

Price History

Date / Event Date Event Price
Apr 16, 2024 Sold $8,885,000
Sold
Feb 3, 2024 In contract -
In contract
Oct 1, 2023 Listed by Compass $9,750,000
Listed by Compass
Jul 17, 2017 Listed by Compass $3,750,000
Listed by Compass
Truly the most unique property in the East Village, the penthouse at 72 East 1st Street is a full floor duplex with an artist atelier topped with a custom designed Nantucket style cottage. The prime corner location, unobstructed views of Lower Manhattan through twenty-two windows, two wood burning fireplaces, and low monthlies create a spectacular offering that can only be described as a once in a lifetime opportunity. Please note this is a walk up to the fourth floor. Featuring over 3,000…

Property Highlights

Elevator
Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 4
Half Bathrooms: 1

Interior Information

Interior Features: Chandelier, Kitchen Island, Soaking Tub
Flooring Type: Hardwood
Living Area: 3000

Room Information

Laundry Features: Laundry Room, See Remarks
Rooms: 9

Fireplace Information

Has Fireplace
Fireplaces: 1
Exterior Details

Property Information

Year Built: 1910

Building Information

Window Features: Bay Windows, Double Pane Windows
Outdoor Living Structures: Terrace
Pets Allowed: Building Yes, Cats O K, Dogs O K

Lot Information

Lot Size Dimensions: 25.000000x67.000000

Land Information

Tax Lot: 0000
Tax Block: 00443


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
5 Baths
3,280 ft²
$2,794/ft²
$9,164,250 Mar 25, 2014
$9,164,250 Sep 29, 2015
$6,903/mo
Condo
4 Beds
5 Baths
3,280 ft²
$3,220/ft²
$10,562,500 Feb 28, 2022
$10,562,500 Jul 2, 2022
$12,194/mo
Condo
4 Beds
5 Baths
3,527 ft²
$2,923/ft²
$10,309,781 Nov 25, 2014
$10,309,781 Jan 28, 2016
$8,412/mo
Condo
4 Beds
4 Baths
4,156 ft²
$2,009/ft²
$8,350,000 Jan 12, 2023
$8,350,000 May 18, 2023
$12,829/mo
Condo
4 Beds
4 Baths
4,156 ft²
$2,346/ft²
$9,750,000 Nov 2, 2023
$9,750,000 Jan 26, 2024
$12,829/mo
Condo
4 Beds
5 Baths
4,342 ft²
$2,234/ft²
$9,700,000 Jul 12, 2013
$9,700,000 Dec 8, 2015
$7,976/mo
Condo
5 Beds
5 Baths
3,669 ft²
$2,261/ft²
$8,295,000 Aug 1, 2022
-
$12,085/mo
Condo
5 Beds
7 Baths
4,000 ft²
$2,561/ft²
$10,245,000 Nov 9, 2023
-
$7,246/mo
Condo
4 Beds
5 Baths
2,679 ft²
$3,136/ft²
$8,400,000 Feb 29, 2024
-
$4,568/mo
Condo
4 Beds
4 Baths
3,304 ft²
$2,315/ft²
$7,650,000 Feb 17, 2024
-
$5,659/mo
Co-op
4 Beds
4 Baths
3,600 ft²
$2,638/ft²
$9,495,000 Aug 9, 2022
-
$3,583/mo
Condo
4 Beds
4 Baths
3,804 ft²
$2,366/ft²
$9,000,000 Jun 4, 2022
-
$6,809/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231001 Unit PH
10/01/2023
PH
5 Bed
5 Bath
3000 ft²
$9,750,000
bedrooms
5 Bed
bathrooms
5 Bath
square feet
3000 ft²
$8,885,000 -8.87%
04/16/2024
-
Nicholas Gavin
Compass
20170730
07/30/2017
4 Bed
4 Bath
2736 ft²
-
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2736 ft²
-
-
-
-
20170717 Unit PH
07/17/2017
PH
4 Bed
3.5 Bath
2736 ft²
$3,750,000
bedrooms
4 Bed
bathrooms
3.5 Bath
square feet
2736 ft²
$3,750,000
02/05/2021
-
Nicholas Gavin
Compass

Building Info

72 East 1st Street 72 East 1st Street, New York, NY 10003
  • 6 Units
More about this Building
72 East 1st Street
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