Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,000,000

Listed at $5,500,000 · Sold 9.1% below asking · Closed May 1, 2016

37 W 12th Street #5J
Closed For Sale Co-op

$5,500,000

37 W 12th Street #5J

GRENVILL, Manhattan

BUTTERFIELD HOUSE

MLS® #RLS10029998

RLS at REBNY

Listing by Elliman

4

Bedrooms

4

Baths

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Year Built 1963
Ownership Co-op
Maintenance $4,782/mo
Neighborhood GRENVILL
Floor 5 of 13

Property Highlights

  • Outdoor Space: Terrace, Balcony
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths null Full
Floor 5 of 13
Pets Yes
Cross Street 5Ave/6Ave
Year Built 1963
Architectural Style Prewar
Parcel # 0576-0025-00037-000-000005J

Listing History

Event Date Price Change
Listed Oct 31, 2015 $5,500,000 -
Currently May 15, 2026 $5,500,000 -

Description

BEAUTIFUL and MINT three (3) bedroom (convertible 4 bedroom), three and a half (3.5) bathroom in the iconic and prestigious BUTTERFIELD HOUSE.

Upon entering this magnificent property you are immediately struck by the caliber and taste level of a truly sublime renovation in a quality home, accentuating the charming views, good consistent light and lovely terrace.

The grand living area is perfectly proportioned, and can be significantly expanded when the custom walnut partition is opened, encouraging gracious entertaining. Alternatively this intelligent use of space, designed by the esteemed Gideon Mendelson, means half the living area can retain privacy, enabling use as a 4th bedroom, library, den or remain in its current incarnation as a media room, depending on preference. Maximizing the southern light and tree lined views, these splendid walnut floored rooms all have direct access to the sizeable private outdoor terrace.

Luxurious living standards are elevated by the well-appointed eat in kitchen, including a six burner Wolf stove, state of the art appliances, tastefully and thoughtfully positioned to service a formal dining room. Able to comfortably support a twelve (12) person dining table, this wing of the home expresses elements of Old World lifestyle, with the best of downtown chic, all with Butterfield House's signature architectural feature of a large bay window.

The generous master bedroom is configured within the home to capitalize on privacy and closet space, and includes a pristine white marble bathroom replete with steam shower and waterworks fixtures. An additional two bedrooms complete the homes living quarters, both of which have the essentials required by any discerning home owner: en-suite bathrooms, wonderful light, significant proportions and encompassing good closet space.

The entire home also benefits from surround sound and the accompanying wiring for substantial audio visual (A/V) needs, as well as air conditioning (A/C) controlled in each room by its own individual thermostat: two rare features for any established building with architectural pedigree, anywhere in Manhattan.

Of special note in this home is the low monthly maintenance and taxes, both totaling $4,782. While comparable properties can cost more than $4 per square foot on average in monthly common charges, the incredible savings associated with this property are compounded, not only by being slightly over $2 per square foot, but within the level of service and amenities which exceed any other building: 24 Hour Doorman, Fitness Room, Private Storage Lockers, Bicycle Room, Laundry Room, Private Landscaped Courtyard, Children's Play Room and most uniquely, a Live-In Residential Manager and an On-Site Garage.

Located on arguably on of New York's finest and bucolic blocks, Butterfield House is equidistance to the greenspace of Washington Square Park and Union Square with its Farmers Market. Proximity to the distinguished Lower 5th Avenue shopping corridor, multiple Michelin starred restaurants and a wide variety of subway lines, all affirm the central and quality location.

Designed by Mayer, Whittlesey & Glass in 1962, Butterfield House is identified as one of "the most beautiful and influential post war apartments in New York City?. It set an unsurpassed precedent for modern residential buildings fitting into their historical context and has been listed by The New York Times as being one of the Top 10 Postwar Apartment Buildings in the City.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Terrace Balcony

Building Information

Financial Details

Maintenance $4,782/mo
Sale Price $5,000,000

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Location

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37 W 12th Street #5J, GRENVILL, New York County • Near 5Ave/6Ave

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1968
Year Built
58 years old
5
Floors
M1-2
Zoning District

Tax & Assessment

Assessed Value: $7,836,300
Land Value: $585,000
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 86,250 SF
Building Area: 108,625 SF
Built FAR: 1.26

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $4,782 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1963, making it approximately 63 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10029998
First Listed: 10/31/2015
Closed: 5/1/2016
Contract Date: 10/29/2015

Listing Courtesy of Elliman - Kane Manera

Listing Contact: (432) 559-7213

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 3:13 PM UTC

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