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Townhouse 456 м² in New York, USA

6 221 747 $

13 644 $ /м²

4OVBr
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Area

456 м2

Bedrooms

6

Bathrooms

7

8 bedroom luxury townhouse for sale at 111 East 19th Street, New York City

HOME IN GRAMERCY: YOUR STYLE Number: 875 Position: 11 Position: 11 Position: 16.67 x 75 +/- (First floor fully built) Built: 16.67 x 55 +/- (Floors 2-5) This south facing Anglo-Italian Classic style home was built in 1855 and recently received a new, classic facade finish. An ideal opportunity for a buyer to reimagine the interior of a historic building to fit a unique lifestyle. The beautiful brayeron façade immerses the expansive residential neighborhood of Old New York, located between Park Avenue and Irving Place. Attractive placement on a peninsula across from Central Park is the focal point of this neighborhood. The peninsula on the East side of 19th Street between Irving Place and Third Avenue is also renowned for its beauty and appeal. Historic restaurants (Union Square Restaurant recently relocated to the corner of 19th Street and Park Avenue), National Arts and Play Clubs on the Park, Union Square Market and convenient public transportation only add to the appeal of this neighborhood. Included in the sale are approved architectural floor plans in beautiful detail. This turnkey project provides access and agility to remodel and restore a classic design. In developing the floor plans, the owner has strived to keep them as close to the original vision of the home as possible. However, the buyer can follow the plans mercilessly, choose to customize, or offer their own unique concept. Along with the home, gorgeous light fixtures are sold to match the overall design. An inventory of interior items already created and purchased by the owner will be available for the buyer. To date, the following work has been completed: complete demolition work, environmental cleanup, new brayeron facade to match the original, custom Marvin windows installed throughout the home, new doors installed, steel beams installed on all floors, new roof, brick rear facade wall restored and cleaned up, space provided for an elevator on each floor. The façade glass wall is designed as an open glass wall, allowing light and atmosphere to enter the house and open onto the renovated terrace and restored wooden fence. A window has been installed on the roof, letting light into the lower floor. It is also important to note that this street is not a heritage site and has great flexibility in terms of construction and renovation. Interior photos are presented virtually.

Additional details

Property type

Residential Properties

Object type

Townhouse

Price

6 221 747 $

FAQ

In USA a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in New York; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in USA finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of USA takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In New York short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (6 221 747 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in New York: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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