Description

HISTORIC RENAISSANCE REVIVAL TOWNHOUSE WITH DEVELOPMENT POTENTIAL
Rare Investment Opportunity in Central Park West Historic District
This magnificent 1897 Renaissance Revival townhouse presents an extraordinary opportunity to own a piece of Upper West Side history while capitalizing on valuable development potential. Spanning 5,127 square feet with an additional 1,077 square feet in the cellar, this 17-foot-wide architectural masterpiece offers untapped air rights of approximately 800 sf for potential vertical expansion. Post expansion you'll have 7,000+ sf including the basement!
ARCHITECTURAL GRANDEUR
The grand parlour floor showcases impeccable period details with soaring 11'4" ceilings, including:
• Original woodwork and ornate fireplaces
• Elegant pocket doors with pristine detailing
• Stunning stained glass windows
• Gracious bay windows flooding the space with natural light
• Formal stair hall with original banister
• Butler's pantry
• Turn-of-the-century hand-painted ceiling in parlour room
HISTORICAL SIGNIFICANCE
Designed by renowned architect George Frederick Pelham, this townhouse represents one of his final residential masterpieces before transitioning to iconic Upper West Side apartment buildings. The property's cultural significance is enhanced by its role as a filming location for "Boardwalk Empire" and includes a mirror from the legendary Studio 54.
INVESTMENT POTENTIAL
• Available air rights for vertical expansion
• Strong structural integrity ideal for renovation
• Neighboring property at 30 West 85th Street recently sold for $18.3M after renovation
• Prime location in Central Park West Historic District
• Advantageous lot dimensions: 17-ft x 102.17-ft
• Building dimensions: 17-ft x 55-ft
• Favorable tax structure
LOCATION & ACCESSIBILITY
Perfectly positioned in the heart of the Upper West Side, offering:
• Steps from Central Park
• Premium dining and shopping
• Cultural attractions
• Crosstown bus on 86th Street
• B/C and 1 trains nearby
• Easy access to major transportation hubs
PROPERTY DETAILS
Price: $7.4M
Square Footage: 5,127 (plus 1,077 SF cellar)
Configuration: Multi-level townhouse
Year Built: 1897
Style: Renaissance Revival
Location: Central Park West Historic District
This rare offering combines historical prestige with significant development potential, presenting an exceptional opportunity for buyers seeking to create their dream residence in one of Manhattan's most coveted neighborhoods.
View More

Building Features 5 Floors1 Units

intercom

$7,488,888 / $1,460 per ft²

Listed on Apr 30, 2025

47 Days on Market

7 Beds / 4 Baths - / 5,127 ft²

Total Monthly expenses: -

Maintenance: - / R.E. Taxes -

Edit

Estimated Monthly Payment: $44,841

Assumes 7% Mortgage Rate and 90% financing

Other Details:

Single Family

Lot Size: 17.0' x 102.17' Built: 17.0' x 55.0'

Zoning: A0-9

Exclusively listed with: Compass Source: RLS

Mandy Ostrowsky

mandy.ostrowsky@compass.com

(646) 338-4911

Listing Courtesy of Compass View Listing

Unit listing history

Date Status Amount Listed by
Loading History...

Similar Listings for Sale

120 W 87 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$7,500,000

On market for $7,500,000

0% from ask / 81 days on market

Monthly Expenses: $0

6 beds - 3.0 baths / 4950 ft²

315 W 84 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$7,300,000

On market for $7,300,000

-14.12% from ask / 1222 days on market

Monthly Expenses: $0

6 beds - 4.0 baths / 5120 ft²

321 W 77 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$6,650,000

On market for $6,650,000

0% from ask / 14 days on market

Monthly Expenses: $0

4 beds - 3.0 baths / 5079 ft²

117 W 85 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$6,495,000

On market for $6,495,000

-4.49% from ask / 1257 days on market

Monthly Expenses: $0

6 beds - 5.0 baths / 5232 ft²

40 W 83 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$8,495,000

On market for $8,495,000

-5.56% from ask / 75 days on market

Monthly Expenses: $0

5 beds - 5.0 baths / 5694 ft²

163 W 87 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$9,000,000

On market for $9,000,000

0% from ask / 35 days on market

Monthly Expenses: $0

6 beds - 7.0 baths / 5827 ft²

126 W 78 ST - Unit HOUSE

Upper West Side / TOWNHOUSE

$5,795,000

On market for $5,795,000

0% from ask / 53 days on market

Monthly Expenses: $0

8 beds - 6.0 baths / 5139 ft²

BESbswy