The Stewart House - 70 East 10th Street

The Stewart House is one of the city’s original co-ops, built in 1960, rising 21 floors with 368 apartments. The site was originally home to the Wanamaker’s department store. In 1954 Wanamaker and Sons closed the store. The post war era gave birth to a city wide building spree and saw the developments of new buildings such as 2 Fifth Avenue and The Stewart House. The building stood out with its white brick exterior, large lobby, circular drive and modern features, such as balconies. When it was built, the area was nothing to get excited about, almost dull, aside from the Grace Church according to the long time residents of the building, but that has all changed now. The renaissance of downtown starting in the 1980’s has caused prices in this building to more than triple.

Statistics
Address: The Stewart House, 70 East 10th Street
Neighborhood: Union Square
Cross Streets: Broadway and Fourth Avenue
Building Type: Co-op high-rise
Service Level: Full service
Prices: One, two, three and four bedrooms that range from $799,000 to $3,600,000*
Financing allowed: 60%

Amenities
Apartment: Tremendous closet space, very large apartments, some units have balconies and terraces, great light, high floors have great city views, separate kitchens, crown molding, hard wood floors, large entrance foyers, updated appliances, separate dining areas, many apartments are great for converting
Building: Common storage, nursery, laundry room, fitness room, garden, garage, 4 elevators

Neighborhood
Transportation: N-Q-R-W 4-5-6 L
Conveniences: Whole Foods, Strands, Food Emporium, Trader Joes
Dining: Union Square Café, The Coffee Shop, Blue Smoke, Primehouse, Bar Stuzzichini,
Bars/Nightlife: W Union Square, Sidebar, Beauty Bar, Petes’s Tavern

Broker Notes:
– The building does not allow sublets
– 45% tax deductibility
– Monthly maintenance includes utilities

*Prices at time of posting

Related posts:

1. The New Theatre Building - 240 East 10th Street
2. Christadora House - 143 Avenue B
3. 85 East 10th Street
4. 123 Third Avenue