315 East 18th Street

Location: North side of 18th Street between First Avenue & Second Avenue

Description: Situated along a tree-lined block in Gramercy, 315 East 18th Street offers a twenty feet wide, three stories plus garden floor and cellar townhouse with approximately 3,700 usable square feet and a large beautiful sun-exposed garden. This brick townhouse, built around 1850 by developer James Foster, is exceptional as it is surrounded by lovely historical townhouses and neighboring townhouse gardens, producing a luminous and tranquil setting. The oasis of New York known as Gramercy was originally designed by real estate developer Samuel Ruggles, who envisioned a community surrounding a private park in what was then northern Manhattan. Today Gramercy is known for its eclectic range of architecture and untouched beauty, and reminiscent of London’s West End. Home to the Gramercy Park Hotel, the Players Club, Pete’s Tavern and other trendy eateries, as well as a growing advertising and publishing sector; Gramercy is the quintessential neighborhood that relishes both work and pleasure. It is centrally located and within walking distance of midtown, Noho, Soho, and Chinatown, as well as the vibrant nightlife of the East and West Village.

The property is being sold in “as is” condition, and provides the future owner an opportunity to reclaim its single family grandeur, while adding all of today’s welcomed modern luxuries. The lucky owner will become a part of a community historically home to Theodore Roosevelt and numerous influential charitable institutions. The property will be delivered vacant.

Stories: 3 stories, garden floor, cellar, and spacious yard
Lot Dimension: 20’ x 92’
Block/Lot: Block 924, Lot 12
Zoning/FAR: R7B/2.02 to 3.0
Price: $4,995,000
Tax: $23,908/year
Inspection: By appointment only
Historical District: No