Description

32 East 74th Street. An Icon of Modernist Design and Architectural History. Repriced! Now $15,995,000. Designed by William Lescaze, a pioneer of the European International Style, the Swiss architect helped introduce modernist architecture to America. This iconic modernist residence was completed in 1935 and commissioned by the prominent textile and WWII Distinguished Service Medal recipient Richard Kramer. The current ownership completed a gut renovation of the interiors both mechanically and cosmetically including the installation of an elevator in 2017. This offering presents the unique opportunity to own a one of a kind piece of modernist architectural history on arguably one of the finest Upper East Side locations. Built 20' X 57' on a 102' lot this property is in excess of 7,000 sf. The home has been converted into three duplex rental apartments designed for investment or multi-generational living. Each apartment has brand new kitchens with high-end appliances and some have private outdoor space. Each unit also has its own washer/dryer, central air conditioning, central vacuum, and private keyed elevator access. The home's original exterior and design have been preserved including Lescaze's stunning trademark glass brick window wall. There is an expansive use of glass windows on both facades, complemented by plenty of private outdoor space including a lower garden and roof terrace. There is also the opportunity to convert this home back to a stunning single-family modernist townhouse (8 bedrooms+ with Elevator) with many interior and exterior possibilities. The current configuration lends itself well to an owner-user looking for a piece of collectible real estate with the ability to live and work from home, or have a family compound. Showings are by appointment only with 24hrs notice with proper health and safety precautions taken. The house will be delivered vacant and in as is condition.
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Building Features 5 Floors1 Units

elevator
intercom

Unit Features

terrace
garden

$15,995,000 / $2,285 per ft²

Listed on Oct 28, 2020

28 Days on Market

8 Beds / 7.0 Baths / 7,000 ft²

Total Monthly expenses: $9,275

Maintenance: - / R.E. Taxes $9,275

Other Details:

Single Family

Lot Size: 20.0' x 102.17' Built: 20.0' x 57.0'

Zoning: A0-9

Exclusively listed with: Compass Source: RLS

Todd
Vitolo

todd.vitolo@compass.com

(917) 566-7920

Susanne
Columbia

susanne.columbia@compass.com

(917) 767-4489

Listing Courtesy of Compass View Listing

Unit listing history

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