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House In Murray Hill Kips Bay, United States
US $5,950,000
Property features
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  • 10 bedrooms
  • garden
  • 2 wood-burning fireplaces
  • 4 decorative fireplaces
  • delivered vacant
  • roof garden
  • basement
Property description
elegant Renaissance Revival townhouse
In 1891 James C. Fargo, the President of American Express and brother of Wells Fargo co-founder William Fargo, moved into Murray Hill, engaging the leading architects of the era to design an elegant townhouse that remains beautifully intact to this day.Built in the Renaissance Revival style featuring bay and arched windows, elegant fireplaces and high ceilings, this unique 20-foot wide home boasts two distinctly separate side-by-side entrances. Other rare townhouse embellishments include three exposures despite its mid-block location, and 9 foot high ceilings in the cellar. The ground floor of this house is clad with brownstone while the upper stories are faced with a lighter-toned tan iron-spot Roman brick and terra-cotta trim.The current six-family configuration includes a cellar with storage and recreation rooms, an owners duplex on the first two floors, along with three 1-bedroom apartments and two studios units above. The free market duplex apartment contains multiple office spaces, two full bathrooms, two kitchens, ample storage and exclusive access to a private south-facing garden. The third floor is comprised of a studio in the front and a 1-bedroom apartment in the back, both of which are rent stabilized. The fourth floor is a studio in the front that is rent stabilized and a 1-bedroom apartment in the back that is free market. The fifth floor is a floor-through 1-bedroom free market apartment with access to a private terrace. Please note per the CO this is a 7 unit townhouse.The choice to be near Grand Central Terminal was deliberate, as Wells Fargo rode the rails to became the countrys first nationwide express company based from its New York urban financial center. Within this expansive townhouse residence there are numerous indoor/outdoor living, working, entertaining and income-producing options to allow the owner to create a lifestyle of their choice.

120, East 37th Street, Murray Hill Kips Bay, New York, United States
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