Overview

$1,899,000

30% Min Down

230 E 18th St #1E

230 East 18th Street, New York, NY 10003

Co-Op in Gramercy Park

2 Bed | 2 Bath | 0.69% Cap Rate

Listed Aug 19th, 2020 (310 days)
This rarely available Gramercy triplex in a classic brownstone cooperative allows for the privacy of townhome living in one of Manhattan's most elegant downtown neighborhoods. On the entry level, the expansive living room, with a soaring double-height ceiling (16'6" feet), oversized windows with northern exposure, painted exposed brick and a wood-burning fireplace, creates a stunning backdrop for entertaining and relaxing. A separate dining area easily seats eight or more.

The spacious European-style kitchen with Fisher and Paykel stainless steel appliances features a pass through with breakfast bar, a center island with sink and cooktop, a wall oven and a microwave, a dishwasher, a refrigerator with ice maker, generous cabinet storage and a full pantry closet.

Overlooking the living room is the mezzanine loft, which can be used as a home office, a den, a guest room or converted into a third bedroom, and has a walk-in closet and built-in bookshelves. The newly renovated bathroom on this level features a full tub with rainforest shower and marble mosaic tile flooring.

On the upper level, the two bedrooms, both with painted exposed brick, offer a quiet respite from the activities of the day with windows facing a quiet, tree-lined street. The large bedroom suite can fit a king-sized bed and additional furniture. A separate dressing area contains a walk-in closet, a separate shoe closet and a ten-drawer dresser. The en-suite bathroom has a marble-topped vanity with dual sinks, a full tub and shower and linen storage. The second bedroom can fit a queen-sized bed.

There are oak wood plank hardwood floors throughout the home and ample closet space on each level. The entry level, the mezzanine loft and the upper level can be accessed from either the wood slat staircase within the home or from the building's elevator, if needed.

Located in the Stuyvesant Square Historic District within Gramercy Park, 230 East 18th Street has a laundry room in the lower level of the complex and a building superintendent. Whole Foods, Trader Joe's and the Union Square Greenmarket provide fresh ingredients for home cooking, and many restaurants with outdoor dining, such as Posto, Sathi, Bedford Cheese Shop and Friend of a Farmer can be found nearby. 230 East 18th Street is served by the Select Bus Service along Second and Third Avenues and the 4, 5, 6, L, N, Q, R and W trains at Union Square.

Features & Amenities

Unit Amenities

  • Elevator
  • View: CITY STREET Rooftops with Sk
  • Exposure: North

Building Amenities

  • New Construction
  • Elevator
  • Laundry in Building
  • Through-Wall Air Conditioning

Building Policies

    Learn more about 230 East 18th Street, New York, NY 10003

    Listed By

    Philip G. Grossman

    Brown Harris Stevens

    (917) 868-3724
    Andrea Saturno-Sanjana

    Brown Harris Stevens

    (212) 906-9357

    History

    Date Event Price
    May 16, 2021 Price Drop $1,899,000
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    Aug 19, 2020 Listed $1,970,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2020-08-19', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$1,970,000', 'orig_value' => NULL, 'listing_id' => '11572607', 'unit' => '1E', 'building_id' => NULL, 'street_address' => '230 E 18th St', 'citystate' => 'New York City, NY', 'bedrooms' => '2', 'bathrooms' => '2', 'square_feet' => '0', 'pretty_url' => 'https://www.realtyhop.com/building/230-e-18th-st-new-york-city-ny/1e/11572607', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => 'Brown Harris Stevens', ))

    Property Analysis

    Price Estimate

    $1,917,990

    HopScore Market Price

    $1,899,000

    Current Asking Price

    +$18,990

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $13,068
    /

    Purchase Price

    $1,899,000
    =

    Cap Rate

    0.69%
    **

    * Actual income may vary between $2,956 and $4,434 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 230 E 18th St

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 230 E 18th St

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    Building at 230 East 18th Street, New York, NY 10003

    230 East 18th Street

    230 East 18th Street, New York, NY 10003

    Built in 1945 | 16 Units | 4 Stories

    Want to find out who owns 230 East 18th Street, New York, NY 10003? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

    $2,007,500

    Median Asking

    -

    Above Asking

    $1,117

    Sale Price/ft²

    108.5

    Days on Market

    Transportation

    L

    at 3rd Av 1010 ft | 4 min walk

    4

    5

    6

    N

    Q

    R

    L

    at 14th St-Union Square 0.29 mi | 7 min walk

    6

    at 23rd St 0.33 mi | 8 min walk

    N

    R

    at 8th St 0.54 mi | 13 min walk

    1

    2

    3

    F

    M

    L

    at 14th St 0.64 mi | 15 min walk

    Schools

    School Type Grades Distance
    Ps 40 Augustus Saint-Gaudens Elementary PK to 5 0.14 mi
    Jhs 104 Simon Baruch Middle School 6 to 8 0.19 mi
    Institute for Collaborative Education High School 6 to 12 0.2 mi
    Gramercy Arts High School High School 9 to 12 0.18 mi
    New Explorations into Sciencetech and Math High School Other KG to 12 1.13 mi
    Bilingual Bicultural School (the) Elementary PK to 5 4.57 mi
    Tag Young Scholars Elementary KG to 8 4.55 mi
    Brooklyn Brownstone School Elementary PK to 5 4.47 mi
    Central Park East I Elementary PK to 5 4.45 mi
    Anderson School (the) Elementary KG to 8 3.2 mi
    High School for Language and Diplomacy (the) High School 9 to 12 0.18 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

    Mortgage Payment Calculator

    $9,466

    Per Month

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    Recent Transactions at 230 E 18th St

    Transaction history for 230 East 18th Street

    Unit Br Ba ft² Listed Listing Agent Asking
    Common Charges
    Closed Closing Buyer(s)
    Unit D - - - - - - Jun 24, 2019 $311,500 Richard Tortora
    Vivian Tortora
    Unit 1D - - - - - - Sep 28, 2016 - The Ito Family Trust
    Unit 1B 3 3.5 - Apr 26, 2016 Kyle Haas
    Halstead Property, LLC
    $2,340,000 Jul 26, 2016
    90 Days
    $2,340,000 Mark Hodos
    Frances Li
    Unit 1A 2 2 1,500 Jul 30, 2014 Benjamin Morales
    Stribling & Associates
    $1,675,000 Dec 5, 2014
    127 Days
    $1,675,000 Michael Gentile
    Katrina Keverian
    Unit 5C - - - - - - Aug 11, 2014 $2,300,000 Richard Goozee
    Ann Shoket
    Unit B 1 1 - Oct 3, 2012 Benjamin Morales
    Brown Harris Stevens
    $1,245,000 Mar 19, 2013
    166 Days
    $1,125,000
    -9.64%
    Viji Annamalai
    Unit 1C - - - - - - Aug 23, 2012 $1,300,000 Carrie Tunick
    James Tunick
    Unit 5C - - - - - - Jul 6, 2012 $1,865,000 Angela Michelle Eiref
    Simon David Eiref
    Unit 5D - - - - - - May 21, 2012 $1,850,000 Federica Boido
    Simone Sandri
    Unit 1B - - - - - - Apr 19, 2012 $1,650,000 Lauren Kaplan
    Jason Young
    Unit 1F - - - - - - Jun 28, 2010 $752,500 Anastasios G Papathanasiou
    Maria A Tzortziou
    Unit C - - - - - - Mar 21, 2008 $2,385,000 Kristi Roche
    Unit B - - - - - - Feb 12, 2008 $989,850 Rebecca Hammond
    Brian C Vaughan
    Unit 5E - - - - - - Nov 16, 2005 $1,560,000 Kachina Myers-spyros
    George Spyros
    Unit 5F - - - - - - Mar 24, 2005 $822,500 Jean Hong
    Ashok Sinha
    Unit - - - - - - - Jul 29, 1971 - 230 E 18th St Corp
    Unit - - - - - - - Oct 16, 1969 - Edon Realty Corp
    Unit - - - - - - - Dec 16, 1968 - Ibarco Co

    Apartments for Sale at 230 East 18th Street

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    Apartments for Rent at 230 East 18th Street

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

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    Building at 230 East 18th Street, New York, NY 10003

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