Former Townhouse of Goldman Sachs Heir Hits the Market for $21.5M in NYC

Published: February 22, 2017 | By: American Luxury Staff

The Julius Goldman building has seen a price reduction. The property’s asking price is now $21.5 million, after a cut of $3 million. The building is currently in use as a business office.

Designed in the Georgian Revival style, the building’s façade is red brick, with a greystone first floor. A nice mix of arched and rectangular windows, second- and fourth-floor balconies, wrought iron, keystone ornamentation and a top-floor parapet give the exterior the singular identity of an upper-end architectural commission. The building was designed by Herbert Baer in an overall restrained style, though.

The total square footage of the living space measures about 7,000. Interior details include ornate, carved limestone fireplace mantles, oak paneling, and original oak flooring. Lighting is currently pretty basic, in keeping with the building’s present non-residential use; some track, a few nondescript ceiling fixtures, a few swivel-arm lamps. Strictly utilitarian. Inset bookcases in what could be a library or music room, first-floor marble foyer, and the high ceilings are elements for a future owner to work with.

The townhouse is a five-floor design, with a top-to-bottom staircase and roof deck.  The space is there for a new owner with a vision; the building could be converted into a striking and unique townhouse residence. It contains many original design features, and is an open canvas for interpretation.

1998 February 22, 2017 Real Estate February 22, 2017