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NextImg:Exclusive | Design duo Bob and Cortney Novogratz have sold their exquisite NYC townhouse for $20.8M

A colorful and historic Greenwich Village townhouse has sold for $20.8 million. 

The property also comes with some design star appeal. Located at 114 Waverly Place, the spread was renovated by the dynamic developer and design duo, Bob and Cortney Novogratz. 

At 6,800 square feet, the five-bedroom home was truly a labor of love, as Gimme Shelter chronicled last fall

“A lot of years and experience went into building this perfect house,” Bob told Gimme Shelter at the time. The home’s former owner was the late actress and local legend Celeste Martin. 

Cortney and Bob Novogratz inside their very charming, and just-sold, 114 Waverly Place. Stephen Yang
The home is filled with stunning original details, from the fireplace to the arched window. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
A marble mantel fireplace in the primary bedroom is a focal point of the room. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
Exquisite details include this fireplace. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
An outdoor dining area at the Waverly Place abode. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
This chef’s kitchen is the heart of the home. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
The entire indoor space is 6,800 square feet and glows with natural light. Stephen Yang
The yellow gold exterior replaced its former bubble gum pink tone. Courtesy of Shannon Dupre of DDReps and Douglas Elliman

The Novogratzes bought the dwelling for $8.5 million in 2019. They gut-renovated it — during the pandemic, an experience all its own — and moved in with their family, before listing it for $29.9 million in 2023.

Its new owner, listed under an LLC, could not immediately be further identified.

The six-story home was once known throughout the Village for its famed bubble-gum-pink-stucco exterior, which the couple wanted to restore.

That is, until the city’s Landmarks Preservation Commission said no.

The lovely outdoor space features trees from the Berkshires. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
There’s plenty of space for a home office. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
Bob and Cortney Novogratz at the start of the renovation journey Michael Sofronski

So that’s when they came up with an acceptable shade of yellow gold.

Built in 1826, the 22-foot-wide home features a great room with 22-foot-high ceilings.

There’s also a charming, multi-leveled, 1,700-square-foot outdoor space with trees trucked in from the Berkshires, where the Novogratzes also own a residence. 

The kitchen is simply stunning. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
A cozy upstairs nook. Douglas Elliman
The West Village lifestyle is relaxed as can be. Stephen Yang
One of the home’s five bedrooms. Courtesy of Shannon Dupre of DDReps and Douglas Elliman
Dining al fresco in the 1,700-square-foot outdoor space is a must when it warms up. Courtesy of Shannon Dupre of DDReps and Douglas Elliman

An open chef’s kitchen anchors the interior, which also includes a large primary bedroom with a fireplace and a dressing room. 

While design details include custom millwork, Venetian plaster and reclaimed wood floors, there’s also a high-speed elevator that brings the home straight into the modern age. 

The listing brokers were Christopher Riccio and Elana Zinoman of Douglas Elliman.