House: 26 Washington Square N

A once in a lifetime opportunity to acquire one of the last privately owned townhomes on Washington Square Park in the heart of Greenwich Village. Boasting opulence and grandeur of a bygone era, this one-of-a-kind, 26’ wide, 5-story Landmark Preserved home contains approximately 8,750 square feet of interior living space. Constructed in 1839 and gut renovated in 2018, 26 Washington Square North sits as the highest townhome on the North side of the park, and is currently configured as five floors featuring 5 floor-through luxury apartments in perfect condition.

This outstanding townhome provides optionality for investors or those looking to create their perfect home. All units are currently leased, providing a prospective purchaser with an immediate income generating property. For the single-family buyer, one can easily convert this outstanding home back to an original one-family residence. The renowned architect firm Ingui Architecture has conceptualized and designed this conversion to become one of the most spectacular park-facing townhouses in NYC, the plans are subject to DOB and LPC approvals.

This property can be delivered vacant, with tenants in place or live/work on a floor or two or three and keep the rental income. No rent stabilization. The building, block, park, and surrounding neighborhood are all protected and preserved as part of the Greenwich Village Historic District. Perfectly situated in charming Greenwich Village, you are within a block of transport, dining & anything you could need.

The William Dare Morgan residence was originally built as a four-story home with gated forecourt, ornate fencing, an elevated stoop, formal columned entrance portico, and paneled door with sidelights and transom. William Dare Morgan was Vice President of the Produce Exchange, a partner in Grinnell, Tinker & Morgan, a governor of the Knickerbocker Club, a founder of New York Hospital, and a graduate of Yale University. He and his wife Angelica Livingston Hoyt, a descendant of two of the signers of the Declaration of Independence, raised four children in the house. They added a fifth floor in 1880, and their family remained in the house for over half a century. Ensuing owners include former silent movie executive Richard West Saunders, well-known attorney John Pinkerton East, painter Everett Shinn, and the financier Charles V. Bob. The Greek Revival style houses along the North side of Washington Square Park flanking lower Fifth Avenue are what remains of a group of houses known as “the Row”, built for the social elite of the Village in the 1830s. Now recognized as one of the most outstanding series of Greek Revival houses in the country, they were sought after for their uniform architectural style, high quality construction, extra wide and deep lots, prominent stoops, formal entrance porticos, and generous front gardens and forecourts.

During the 1800s, the area was home to notable American writers including Edgar Allen Poe, Mark Twain and Ida Tarbell. Edward Hopper and countless other painters, musicians and artists have drawn inspiration from the energy and community. Greenwich Village is one of the few neighborhoods that still retain old world charm and a sense of timelessness in Manhattan.

CURRENT CONFIGURATION:
CELLAR: Storage, Mechanical Room, + 6’- 5” ceilings

ENTRY FLOOR: Entry, Living / Dining / Kitchen, Two Bedrooms, Two Baths, Exterior front and rear garden + 8’- 0” ceilings.

PARLOR FLOOR: Living / Dining Room, Kitchen, Two Bedrooms, Two Baths, + 12’- 6” ceilings.

THIRD FLOOR: Living / Dining Room, Kitchen, Two Bedrooms, Two Baths, + 11’- 4” ceilings.

FOURTH FLOOR: Foyer, Living / Dining Room, Bedroom, Alcove, Exterior Terrace, One Bath, + 10’- 0” ceilings

FIFTH FLOOR: Living / Dining / Kitchen, Three Bedrooms, Two Baths, + 10’- 0” ceilings.

ROOF: See proposed renderings and floor plan, subject to DOB and LPC approval.

Description provided by Ravi Kantha