114 Waverly Place

$ 11,000,000
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STEPHEN P. WALD

Phone:212-750-9253
Email:s.wald@waldrealestate.com

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Property Description

TO BE SOLD PURSUANT TO AN EXTENDED CLOSING
114 Waverly Place is one of nine homes which were built on Waverly Place in 1826 for Thomas R. Mercein, President of New York Equitable Fire Insurance Company(and City Comptroller). Of the four left standing, 114 Waverly was renovated in 1920 by William Sanger for Murray P. Bewley. The straight roofline was replaced with an immense parabolic sweep enframing an arched studio window typical of the Art Nouveau style. The entrance floor has Italianate styling, with English basement stoop and round-arched doorway and windows. The painter, Jacob Getlar Smith, worked there in the 1940’s in the top floor studio replete with 16ft beamed ceilings. This is a once in a lifetime opportunity to gut renovate this one of a kind Village Gem. Delivered Vacant.
THIS HOUSE CAN ONLY BE SOLD WITH AN EXTENDED CLOSING DATE AND A MINIMUM DOWNPAYMENT OF 20+% OF THE PURCHASE PRICE TO BE RELEASED IMMEDIATELY FROM ESCROW. THE TERMS OF THIS GUARDIANSHIP SALE WILL HAVE TO BE APPROVED BY NYS COURT SYSTEM. FURTHER DETAILS WILL BE PROVIDE

Real Estate Taxes $58,715 [Per Annum] Year Assessed 2018-2019
Listing Type Exclusive
Commission 2.5% to Buyer’s Broker
Total Assessed Value $461,632
DETAILS
Ownership Multi-Family [4 to 6] Building Type Townhouse
Delivered Vacant Source OLR
Zoning R7-2 FAR 3.44
Age Pre-war Year Built 1826
C of O N/A Initial Showing 10/12/2018
Listed 10/12/2018 Updated 10/13/2018
On Market 1 Day Status Active
SIZE
R / B / B 0/0/0
Lot Size 22′ x 97′ Built Size 22′ x 55′
Floors 4
Gross SF/SM 5,410/502
Additional Buildable 1931
City:
Area:
State/County:
Zip: 10011
Country: United States
Property Id: 30062
Price: $ 11,000,000

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