Price Reduced 8.72%

Listing courtesy of Corcoran Group


Price History

$10,900,000
10/24/2023

$9,950,000
4/16/2024


36 East 73rd Street, New York, (Upper East Side), NY, 10021

36 East 73rd Street, New York, (Upper East Side), NY, 10021

9 rooms

1887

36 East 73rd Street New York, NY 10021 is a landmark townhouse that was first built in 1887 and later reconfigured in 1910 with the present neoclassical limestone and brick facade, which includes 5 stories and a basement and one block away from Central Park.

Elegantly located just off a prime stretch of Madison Avenue on a charming tree-lined block, the building is zoned for both residential and multiple businesses classes, providing a unique opportunity to redevelop this prime 20' x 87' parcel with app. 6,730 ft of interior space and app. 500 ft of exterior, for a total including the lower level of app. 8,070 ft of interiors.

Presently configured with 2 floors noted antique gallery with app 1,340 ft footprint on the ground level and 1st floor, and app. 1,340 ft of lower-level space, highlighted by prominent glass vitrines at street level; the building comes with a separate residential entrance that leads to elevator to 3 units (4 units total).

A large-sized elevator, designed to transport wide-ranging artworks and furniture, connects every level along with a separate staircase. The 3 upper residential floors currently contain 3 full-floor rental apartments, which can easily be combined into a sprawling triplex with roof deck or converted into other layouts.

Based upon current zoning and entitlements, the building plot comes with a total of 10,500 ft of Air Rights, enabling 2 additional levels of interior space plus a developable roof.

Adjacent to the premier stretch of Madison Avenue boutiques (that have all been leased in the 60's/70's and should open in the next 6 months), with convenient access to the Upper East Side's premier cultural and recreational landmarks, the property benefits from robust foot traffic and efficient links to public transportation.

This elegant and adaptable property awaits new owners with a new vision to maximize its potential and underlying value.


Status:

Active

Town:

New York

Type:

Commercial

Zoning:

C5-1

Building Type:

Townhouse

Cooling:

Unknown Type

Levels:

5

Amenities:

Garden; Roof Deck;

Building Access:

Elevator

Service Level:

Voice Intercom

Built Size:

20'x67'

OLR #:

RPLU33422737355


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 The Real Estate Board of New York, Inc., All rights reserved