111 East 61st Street, Unit TH

Upper East Side

$10,995,000
Price
7
Beds
3
Baths
2
1/2 Baths
9,502 Sq. Ft.
$1,157 / Sq. Ft.
9,502
Sq. Ft.
$1,157
per Sq. Ft.

Description

111 East 61st Street represents the rare opportunity to acquire a grand and spacious mixed-use townhouse, with legal use inclusive of office space. The building has a width of 19 feet on a 100 foot lot, and is built 9,500 square feet, and the grandiosity and location of the building make it ideal for a foundation, private office, private gallery, commercial usage, or residential conversion.
The neo-Georgian house was originally built in 1910 and is marked by its stunning brick facade, stone cornice
...111 East 61st Street represents the rare opportunity to acquire a grand and spacious mixed-use townhouse, with legal use inclusive of office space. The building has a width of 19 feet on a 100 foot lot, and is built 9,500 square feet, and the grandiosity and location of the building make it ideal for a foundation, private office, private gallery, commercial usage, or residential conversion.

The neo-Georgian house was originally built in 1910 and is marked by its stunning brick facade, stone cornice above its main door, and location just off of Park Avenue and East 61st Street. The current ownership utilizes floors 1 and 2 as their office space, while floors 3 and 4 are leased to an office tenant (but can be delivered vacant), and floor 5 is leased to a residential tenant (also can be delivered vacant).

Enter on the garden level to a mahogany entrance area that presents a winding, wooden staircase up to the second floor. Also on the garden level is a large conference room, full kitchen, and primary-sized bedroom with en-suite bath. The extension on the building is large and wide, and extends to the top of the house.

On the second floor the ceilings are very high and there are two powder rooms as well as a full kitchen. This floor is used as the ownership's office and therefore utilized as more conference area and reception.

The third and fourth floors are currently leased to a company, Burgess Yachts, but the lease has expired and it can be delivered vacant. There is an additional renovated kitchen on the third floor, a renovated powder room, and two planted outdoor terraces, as well as an additional large terrace off of the back of the fourth floor.

The fifth floor is leased to a residential tenant, and spans the entire top floor, with a beautiful south facing terrace. galley kitchen, full bathroom, large primary suite with fireplace, and extension, currently utilized as a children’s room.

The roof, facade and mechanicals are in excellent condition.

Offered for $11,995,000, an incredibly low price per square foot for such a prominent building, and a smart investment for any investor or end user.

Listing Agents

  1. Ian Slater

    Ian Slater

    Listing Agent

    Compass

    slater@compass.com

    P: 646.645.8192

  2. Agnes Wanielista

    Agnes Wanielista

    Alternative Listing Agent

    Compass

  3. Brett Walsdorf

    Brett Walsdorf

    Alternative Listing Agent

    Compass

Amenities

  • Private Terrace
  • Private Yard
  • Common Outdoor Space
  • Working Fireplace
  • Crown Mouldings
  • Built-Ins
  • Hardwood Floors
  • High Ceilings

Location

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LISTING UPDATED: 09/27/2023 11:42 AM

Property Details for 111 East 61st Street, Unit TH

StatusPermanently Off Market
Days on Market313
Taxes$8,078 / month
Maintenance-
Min. Down Pymt-
Total Rooms18.0
Compass TypeMulti Family
MLS Type-
Year Built1910
Lot Size1,907 SF / 19' x 100'
CountyNew York County

Building

111 E 61st St

5 Units5 StoriesBuilt in 1910

Location

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Virtual Tour

Building Information for 111 East 61st Street, Unit TH

Stories5Residences5Year Built1910Building Size19' x 100'Building Sq. Ft9,500 SFLot Size1,907 SF / 19' x 100'Building Age-Building Type-

Payment Calculator

$68,082 per month

30 year fixed, 7.25% Interest

Principal and Interest

$60,004

Property Taxes

$8,078

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 111 East 61st Street, Unit TH

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 111 East 61st Street, Unit TH

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.