Home Selling The Artwork Seller Leo Koenig’s West Village Duplex on the Market

The Artwork Seller Leo Koenig’s West Village Duplex on the Market

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The Artwork Seller Leo Koenig’s West Village Duplex on the Market

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For the final a number of years, the gallery proprietor Leo Koenig has been busy creating his personal murals: his West Village house.

The sprawling duplex, at 259 West Fourth Avenue, which he shares together with his companion, Jennifer Lyu, a prime govt on the vogue model Kate Spade, is made up of three residences that he painstakingly pieced collectively beginning in 2018, together with one which had beforehand been mixed. The final of the items was bought in 2021.

“It was a labor of affection,” stated Mr. Koenig, who offers in up to date artwork and runs a gallery on the Higher East Aspect. He paid round $3.5 million for the residences. “Then at the least 1,000,000 extra in renovations,” he stated. “I acquired to the purpose the place I ended counting.”

In addition to combining the three areas by intensive renovations, which included new tiled loos and an up to date kitchen, he added a four-zone HVAC system and soundproofing. All of those modifications and upgrades had been only in the near past accomplished.

And now — you guessed it — it’s time for him to promote. “Our lives are shifting an increasing number of uptown,” stated Mr. Koenig, who additionally has a farm advanced in Andes, N.Y. “Jen works on Park Avenue, and I’m on Madison and seventy fifth Avenue. Her little one goes to highschool on the Higher West Aspect. And our pals have additionally been shifting up north.”

One of many couple’s necessities for his or her subsequent house: “We’re residences that want renovations,” he stated. “I really like tasks.”

The duplex, on the nook of Perry Avenue, is now in the marketplace for $5.5 million, with $5,130 in month-to-month upkeep, in keeping with Kane Manera, an agent on the Corcoran Group who’s itemizing the property together with his colleague Hilary Landis.

Measuring round 2,300 sq. toes, the residence sits on the third and fourth flooring of the six-story, walk-up co-op constructing. It’s presently configured with two bedrooms and two and a half loos, together with an workplace and a library/sitting room. “They could possibly be transformed to extra bedrooms,” Mr. Manera stated.

The primary entry is on the higher stage. A lobby opens to a big front room, which results in the workplace and library, lined up enfilade type. There’s a second front room on the different finish of the residence, together with a laundry room, a full lavatory, a visitor bed room and an en suite main bed room.

“It’s winding,” Mr. Koenig stated of the structure, “and it retains going and going.”

Downstairs is an open kitchen, geared up with granite counter tops and backsplash, maple wooden cabinetry and chrome steel home equipment. And close by is a powder room and an extra-large eating room, the place a big assortment of Hopi kachina dolls is on show.

“My particular spot is the eating room,” Mr. Koenig stated. “I sit there on the desk each morning and I do my work and drink my espresso.”

There are whitewashed oak flooring, nine-foot ceilings and oversize home windows all through the house. After which there’s the up to date paintings, which incorporates daring work by Anselm Reyle and Peter Saul and a contemporary sculpture by Donald Judd, in addition to furnishings by designers like Wendell Fortress and Jean Royère.

The artwork and the furnishings are additionally out there on the market. “If somebody loves the artwork as a lot as the house, there’s an extra dialog available,” Mr. Koenig stated.

Mr. Koenig, who was raised in Germany, started dealing in artwork when he was simply 21, organising a makeshift gallery in an industrial storage in Williamsburg, Brooklyn. He’s now one among New York Metropolis’s prime artwork sellers.

Mr. Koenig says he has loved dwelling downtown. “I’ll miss the vibrancy of the neighborhood and the quietness,” he stated. “You’ve got each.”

“That is the prime block that everybody seemingly needs to be in,” Mr. Manera added.

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