EASILY CONVERTED TO SINGLE-FAMILY, VACANT AND FREE-MARKET Gold Coast Gem. Built-in 1881 for a renowned developer at the time, 38 East 75th Street was designed as one of four-row houses by prominent New York architects Arthur M. Thom and James W. Wilson. This 5-story, 20-ft wide townhome located in the Upper East Side Historic District comprises 6,627 interior square feet with an additional 1,533 square feet of buildable rights. The 19th-century details throughout are stunning with ceilings on the parlor floor that soar to 12-ft, original extra-wide fireplaces, ornate ceiling moldings in every room, and tall windows throughout. Currently configured as eight large studio apartments and one four-bedroom triplex (all vacant and free-market) this home can be a live-with-income scenario or restored to its original single-family grandeur.
38 East 75th Street was originally built as a 20' x 56' home on a 20' x 102' lot. In 1936, an extension of 14.5' x 26' was added to the bottom three floors of the main building. The four-bedroom triplex stretches the entire length of the ground floor and the top two floors of the building's 26-ft extension, for a total of 2,410 square feet. The eight studios are split up into two residences per floor from the parlor floor to the fifth floor, in the original building, each with a private entrance accessed off the common hallway.
The parlor floor studios have 12-ft ceilings with molding detail, arches supported by half-columns in the former dining room, original fireplace mantels, ample closet space, large kitchenette, and full-sized bathrooms in each. The third floor has 10'8" ceilings with large windows and good closet space. The fourth floor and fifth floors have 10-ft ceilings and the back studio on the fourth floor has a 350-SF terrace, the top of the building's extension. The studios range from 335-sf to 515-sf, all with generous closet space and great light.
The four-bedroom triplex has 12'6" ceilings in the large sunken living room area with floor to ceiling windows and an entrance onto the south-facing patio and is flooded with light. The windowed kitchen has good cabinetry and has a pass-through into the dining area. There is a bright office space or seating room in the front portion of the ground floor, which can be used for live-work, and two bedrooms on each of the top two floors of the triplex.
The cellar of the building contains laundry, building mechanicals, and storage cages.
Located in the heart of the Upper East Side Gold Coast Historic District, between Park Avenue and Madison Avenue, on a quiet tree-lined street just a few hundred feet from Central Park. Some of the best shopping and dining options New York City has to offer are at your doorstep.
Please email all requests for Offering Memorandum.
Building Features 5 Floors9 Units
$9,500,000 / $1,433 per ft²
Listed on Feb 18, 2016
1547 Days on Market
12 Beds / 11.5 Baths / 6,627 ft²
Total Monthly expenses: $105k
Maintenance: - / R.E. Taxes $105k
Lot Size: 20.0' x 102.17' Built: 20.0' x 90.0'
Exclusively listed with: Halstead Property, LLC Source: RLS
Unit listing history
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