$8,885,000
●
Condo -
Off Market
72 E 1st Street #PH
Manhattan, NY 10003
5 Beds
5 Baths,
1
Half Bath
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
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
Financial Details
Tax Annual Amount: $39,288
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Subdivision Name: East Village
Stories Total: 6
Association Fee: $1,967
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
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
Sold
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
Sold
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
In Contract
Condo
5
Beds
5
Baths
3,669 ft²
$2,261/ft²
$8,295,000
Aug 1, 2022
-
$12,085/mo
Active
Condo
5
Beds
7
Baths
4,000 ft²
$2,561/ft²
$10,245,000
Nov 9, 2023
-
$7,246/mo
Active
Condo
4
Beds
5
Baths
2,679 ft²
$3,136/ft²
$8,400,000
Feb 29, 2024
-
$4,568/mo
Active
Condo
4
Beds
4
Baths
3,304 ft²
$2,315/ft²
$7,650,000
Feb 17, 2024
-
$5,659/mo
Active
Co-op
4
Beds
4
Baths
3,600 ft²
$2,638/ft²
$9,495,000
Aug 9, 2022
-
$3,583/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
10/01/2023
|
5 Bed
|
5 Bath
|
3000 ft²
|
$9,750,000
5 Bed
5 Bath
3000 ft²
|
$8,885,000
-8.87%
04/16/2024
|
-
|
Nicholas Gavin
Compass
|
|
07/30/2017
|
|
4 Bed
|
4 Bath
|
2736 ft²
|
-
4 Bed
4 Bath
2736 ft²
|
-
-
|
-
|
-
|
07/17/2017
|
4 Bed
|
3.5 Bath
|
2736 ft²
|
$3,750,000
4 Bed
3.5 Bath
2736 ft²
|
$3,750,000
02/05/2021
|
-
|
Nicholas Gavin
Compass
|
Building Info
About Downtown Manhattan
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