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East 81st Street

121-125 East 81st Street / NEW YORK / NY
$12,995,000
5
8.5
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Description
Available now
Sale listing #1875777
9400 sq. ft.
Located in Upper East Side
Property Type: Townhouse
Floor: 1
Total Rooms: 20
The monthly total payment including maintenance and/or common charges plus taxes is $69,165/month. This assumes 20% down payment and a 30 year rate of 7.00%.
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Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue, 121-125 East 81stStreet sits on a very unique and seldom found 37' x 102' south-facing lot and encompasses roughly 9,400 square feet above grade.

Originally constructed in 1899, these two contiguous houses have been immaculately maintained over the years and offers buyers various opportunities for configuration. The houses are currently configured as a single-family residence with a separate duplex office unit (zoned commercial) on the ground and parlor floors of 125 East 81st Street, which was used as an office.

Below are the details of each of the houses:

121 East 81st Street


- Dimensions: 20' x 50'
- Stories: 5
- Approx. 5,390 sqft (above grade)
- Lot: 20' x 102.17'(2,043 sqft lot)
- Zoning: R8B
- Annual Taxes: $75,966
- Residential FAR: 4
- Maximum usable floor area (subject to verification): 8,172 sqft
- Not landmarked

125 East 81st Street

- Dimensions: 17' x 44'
- Stories: 4
- Approx. 3,984 sqft (above grade)
- Lot: 17' x 102.17'(1,737 sqft lot)
- Zoning: C1-8X
- Annual Taxes: $71,429
- Residential FAR: 4
- Maximum usable floor area (subject to verification): 6,948 sqft
- Not landmarked

The property can be renovated in its current configuration to maintain a live/work use, further combined to increase the residential space of the home, and can also be completely rebuilt new as the houses are not landmarked. Please note that the two houses are still two separate tax lots.

Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sqft (subject to approvals) offering the perfect opportunity to create an impressive home.

The buildings will be delivered vacant.

This is co-exclusive with Jed Garfield and Lydia Rosengarten of Leslie J. Garfield & Co.

Amenities
  • Fireplace
  • Washer/Dryer
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Listing by Douglas Elliman Real Estate

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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