Flip Tax: 3% Paid By Buyer
Max Financing: 65%
High Drama Duplex Loft in Gramercy House
Palatial in size, dramatic in volume and creative in vision, this loft beauty is a masterpiece. Old and new become one in a perfect union of authentic architecture and artistic freedom. The loft is comprised of one full floor, a mezzanine floor Library and a half floor work space plus guest suite. The full floor is 74’ wide by 70’ deep and the half floor approx. 26’ by 70’ with soaring ceiling heights ranging from 11.5 feet to 26.5 feet high. There are 32 windows including 16 north facing offering treetop views of historic East 20th Street and the iconic Met Life building.
The drama begins when the elevator opens into the foyer revealing a breathtaking expanse of open living. This quintessential loft offers sliding wall flexibility, separating or concealing the private spaces from public view. The public space includes two Living Spaces, a Media area, Formal Dining area and a dramatic floating mezzanine Library with custom steel book shelving. The Chefs eat-in Kitchen designed by former owner Julian Schnabel is the only room hidden from the open lay-out view with north-facing oversized windows and charming window boxes offer a curated garden-like view.
The privacy rooms include the Primary Suite with Lounge, four fashionista Dressing Rooms, Spa Bath with marble tub, separate shower, double vanity and a sliding wall into the Powder Room; a Yoga Meditation Room; a serene Study; and a separate Guest Suite with large Sitting Area, two voluminous dressing closets and an en-suite Bath with shower. There is a Laundry Room.
The duplex contemporary design details, masterfully incorporated with the loft’s prewar past, include a custom steel and wood staircase and a handcrafted sensuously curved steel railing that leads to both the Mezzanine Library and the downstairs Home Office and Guest Suite. The double height drama is a soaring 26-foot ceiling in the downstairs living space. This Lower Level includes a large workroom, gallery or Conference Area, Living/Media room and Guest Bedroom with large en-suite bath. The key-locked elevator opens directly into the workspace offering a separation from work and home. An added benefit for 21st century living. Other features include: two zone central air, outfitted closets, additional storage closets and low monthly carrying costs.
Converted in 1977 by influential artists Gordon Matta-Clark and Les Levine and formerly home to Anselm Keifer and Julian Schnabel, the connection between artists and architecture is embedded in “Gramercy House” loft building’s history. Museum size walls for art, architectural pillars, and wood window casements are the authentic elements that differentiates Gramercy House from its competitors.
Located in Flatiron’s landmarked Ladies’ Mile district near Gramercy Park, Madison Square Park, Gramercy Tavern and next to Teddy Roosevelt’s museum townhouse. East 20th Street is one of the Flatiron’s most coveted tree-lined block. The proximity to Union Square Farmer’s market bring farm-to-table restaurateurs flocking. A fabulous place to live, work and entertain. Bring your art collection and live your loft dream in this approx. 7100SF stunningly unique and colossally beautiful Duplex home