50 East 81st Street

50 East 81st Street

New York USA
40.77708 -73.96037
Temporarily Off Market
Glasses Created with Sketch. SPECIFICATIONS
Price
$8,975,000
Plot
W20' x D102.17'
Building
W20' x D88'
Ownership
Townhouse
Build Date
1921
Stories
5
Units
8 plus a medical space
Est. SqFt
7,365
Rooms
17
Bedrooms
8
Bathrooms
10
Powder Rooms
2
Annual Taxes
$94,402
Map Created with Sketch. LOCATION
Between Madison and Park Avenues
Star Created with Sketch. KEY FEATURES
Premiere-location
Not Landmarked
Multiple-south-facing-terraces
Extra-wide-staircase-and-high-ceilings
Original-details-throughout-and-multiple-fireplaces
Two Entrances
Prewar
Patio
Storage
Temporarily Off Market
Glasses Created with Sketch. SPECIFICATIONS
Price
$8,975,000
Plot
W20' x D102.17'
Building
W20' x D88'
Ownership
Townhouse
Build Date
1921
Stories
5
Units
8 plus a medical space
Est. SqFt
7,365
Rooms
17
Bedrooms
8
Bathrooms
10
Powder Rooms
2
Annual Taxes
$94,402
Map Created with Sketch. LOCATION
Between Madison and Park Avenues
Star Created with Sketch. KEY FEATURES
Premiere-location
Not Landmarked
Multiple-south-facing-terraces
Extra-wide-staircase-and-high-ceilings
Original-details-throughout-and-multiple-fireplaces
Two Entrances
Prewar
Patio
Storage

50 East 81st street is a magnificent multi unit 20 foot wide townhouse with endless potential. Situated on the south side of 81st Street between Madison and Park Avenues this 7,365 square foot five story building is neither landmarked or in the historic district so possibility exists to restore into a magnificent single family home, create an owner's duplex or triplex while keeping some income potential, or restore it as is. Also great for a 1031 exchange buyer.

Currently configured as a vacant ground floor doctor's office plus eight apartments above. The medical office is roughly 1,700 square feet and has access to a charming south facing garden. This unit can be accessed either from the main building or from a separate side entrance. Above there are 8 additional apartments, two units per floor, all of which have high ceilings, period details, ornate mantelpieces, and oversized windows. Six of the eight apartments are vacant. There are two remaining occupied RS apartment that are situated on 3rd floor rear and 5th floor front. There contains two and a half floors of contiguous vacant space to carve out a lovely owners unit. Beautiful south facing exposure looking out onto low rise townhouses. There is a full cellar level below with ample ceiling height. In addition, there is a full set of stairs from the fifth floor that lead up to a large, flat roof. Building is being sold as is with the two existing stabilized tenants. Gas heated. Additional FAR. Zoned R8B.


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50 East 81st street is a magnificent multi unit 20 foot wide townhouse with endless potential. Situated on the south side of 81st Street between Madison and Park Avenues this 7,365 square foot five story building is neither landmarked or in the historic district so possibility exists to restore into a magnificent single family home, create an owner's duplex or triplex while keeping some income potential, or restore it as is. Also great for a 1031 exchange buyer.

Currently configured as a vacant ground floor doctor's office plus eight apartments above. The medical office is roughly 1,700 square feet and has access to a charming south facing garden. This unit can be accessed either from the main building or from a separate side entrance. Above there are 8 additional apartments, two units per floor, all of which have high ceilings, period details, ornate mantelpieces, and oversized windows. Six of the eight apartments are vacant. There are two remaining occupied RS apartment that are situated on 3rd floor rear and 5th floor front. There contains two and a half floors of contiguous vacant space to carve out a lovely owners unit. Beautiful south facing exposure looking out onto low rise townhouses. There is a full cellar level below with ample ceiling height. In addition, there is a full set of stairs from the fifth floor that lead up to a large, flat roof. Building is being sold as is with the two existing stabilized tenants. Gas heated. Additional FAR. Zoned R8B.


Read More