A once-a-century transformation is now complete at 114 Waverly Place, one of the most historically significant residences in all of Greenwich Village. Originally constructed in 1836 as part of a row of nine houses for Thomas R. Mercein, at the time the city comptroller and president of New York Equitable Fire Insurance Company, it was completely re-designed inside and out in 1920 by William Sanger with influences of Spanish Baroque and Modernismo architectural styles for portrait painter Murray P. Bewley. One of the most unique and recognizable facades in all of Manhattan, the curved roofline, beamed ceilings, and expansive studio window have made 114 a true icon among New York City real estate. Over three and a half years in the making, the home’s modern day renovation stewarded by Cortney and Robert Novogratz is one of duality – a historically sensitive restoration and preservation exercise at the highest level, and an entirely modernized, newly crafted single family residence that lives and functions perfectly in today’s age. Spanning over 6,800 square feet, this is a property that exudes scale: from the 22-foot ceilings in the historic ballroom, to the gracious 22 feet of width, as well as approximately 1,700 square feet of outdoor space.

Enter on the home’s parlor level to a living and dining area that spans over fifty feet from the front of the house to the rear garden. Oversized-plank Schotten & Hansen floors run throughout the residence, as do intricate custom moldings. Arched windows atop French doors frame the living room, and a custom fireplace mantel surrounds a gas fireplace. At the rear of the parlor floor, the custom-crafted kitchen is swathed in statement marble slabs and features a hand-crafted La Cornue Chateau 150 stainless steel and brass range as well as a selection of top appliances by Sub-Zero and Bosch. A Gucci wallpaper-wrapped powder room completes the parlor. The garden itself is a masterpiece, lushly planted and complete with an outdoor kitchen, a full sound system with concealed speakers and individual zones, and prime south-facing orientation. Accessible from the internal staircase, an under-stoop entrance, or the rear yard, the garden level of Waverly Place is a completely self-contained guest apartment with kitchen, fireplace, full bathroom, oversized bedroom, and washer/dryer.

The primary suite is located on the second floor, with views overlooking Waverly Place and the trees lining the street. At over 485 square feet, the bedroom scale is incredibly generous and includes a gorgeous marble mantel and a wood-burning fireplace. The primary dressing room is oversized and completely outfitted, and the south-facing windowed bathroom has the finest Calacatta Viola marble slabs, Waterworks fixtures, and a freestanding soaking tub. Three guest bedrooms with en-suite baths as well as a full laundry room comprise the third floor and part of the fourth floor, where the crowning entertaining space is also located: the historic ballroom with an oversized north-facing artist’s window. Truly unlike any other room in New York City, the scale of the space is irreplaceable, and is overlooked on the mezzanine by a cozy informal entertainment room with custom millwork and stunning views of lower Manhattan. The home’s rooftop is a showpiece: a full outdoor kitchen with pizza oven, multiple entertaining areas, an outdoor television and sound system, and full open views to both the Midtown and downtown skylines. Completely renovated and re-built, 114 Waverly Place includes a 5-stop high speed elevator, multi-zone HVAC, a Crestron home automation system with panels for AV, lighting, and security, Lutron Homeworks lighting controls via keypads and Forbes and Lomax switches, and individually controlled audio zones.