Jennifer Gould

Jennifer Gould

Real Estate

NYC townhouse fit for a finance bro asks $14.5M

Attention finance bros: A $14.5 million townhouse has hit the market close to 425 Park Ave. — the new-construction tower that houses both Ken Griffin’s Citadel hedge fund offices and Jean-Georges Vongerichten’s new classic restaurant Four Twenty Five.

That said, “The new owners will also enjoy all the benefits of private delivery from New York’s top new restaurant,” said listing broker Dolly Lenz of Dolly Lenz Real Estate. What’s more, a breezy walk to work.

The historic property, at?119 E. 55th St., dates to 1868.

Renderings for a 19th-century townhouse are anchored by a curved, central staircase. Dolly Lenz Real Estate
Renderings show a main bedroom suite taking up an entire floor. Dolly Lenz Real Estate
Renderings reveal a modern look for this residence. Dolly Lenz Real Estate

Designed by renowned architect James W. Pirsson — one of the last single-family homes he crafted — the building features a red brick exterior with doric pilasters and ornamented keystones. The five-story home also comes with a basement and multiple terraces.

Outside, there’s a backyard that could also include a summer kitchen.

At 19 feet wide, the 5,330-square-foot home — now a white box — can feature four bedrooms, six full baths and three powder rooms. While the home is zoned residential and commercial, it had long ago abandoned its original life as a single-family residence and will require work to be transformed back to that status.?

In this rendering, curved stairs lead to a rooftop terrace. Dolly Lenz Real Estate
A statement fireplace provides warmth to the modern space. Dolly Lenz Real Estate

To help, GVK Architects has provided two plans for the building.

The first plan returns the 19th-century structure to single-family stature, while the second plan creates a consulate or home office on the ground floor with a residence above.

“This townhouse is a rare gem in Manhattan’s real estate landscape. It offers a unique blend of historic charm and endless potential for customization, making it a truly exceptional investment,” Lenz added.

Renderings provide another option for the stunning structure. Dolly Lenz Real Estate
The possibilities are endless for the future owners of this historic building. Dolly Lenz Real Estate

The single-family residence plan calls for a curved, central staircase. Behind it, on the main floor, could be a large eat-in chef’s kitchen with a pantry. In the plan, the kitchen opens to the backyard.

The plan also shows living and dining rooms with 11-foot ceilings and a floor-to-ceiling wine wall in the formal dining room.

The next floor could be used to create a main bedroom suite with a home office and dual walk-in closets and baths, according to the plan. The next floors could feature more bedrooms and a media room on the top floor, which leads to an outdoor terrace with spiral stairs that open to an even larger roof terrace.?

The possibilities, Lenz said, are endless.

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