121 East 81st Street

Upper East Side

$12,995,000
Price
5
Beds
8
Baths
1
1/2 Bath
9,400 Sq. Ft.
$1,382 / Sq. Ft.
9,400
Sq. Ft.
$1,382
per Sq. Ft.

Description

37' of Frontage on 81st Street
Not Landmarked or in a Historic District
PRICED TO SELL
Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue sit two contiguous townhouses located at 121-125 East 81st Street. This very unique and seldom found 37' x 102’ lot that spans both townhouses and encompasses roughly 9,400 square feet above grade is and for sale for the first time in many decades. Originally constructed in 1899, this remarkable five story property was the
...37' of Frontage on 81st Street
Not Landmarked or in a Historic District
PRICED TO SELL

Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue sit two contiguous townhouses located at 121-125 East 81st Street. This very unique and seldom found 37' x 102’ lot that spans both townhouses and encompasses roughly 9,400 square feet above grade is and for sale for the first time in many decades. Originally constructed in 1899, this remarkable five story property was the private residence and office of a very famous designer and music entrepreneur who lived in both as a primary residence and personal 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

Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sq ft (subject to approvals) offering prospective buyers endless opportunities for reimagining and reconfiguration of the space and the chance to make their own mark on this prestigious property. Whether as a private residence, a live/work space, or a new construction project, the possibilities are as vast as the property's potential especially in light of the fact that the properties are not landmarked or in a historic district. Please note that the two houses are still two separate tax lots but have been opened between the two houses on both the third and fourth floors. The buildings have been immaculately maintained and will be delivered vacant. This is a co-exclusive with Lauren Muss.

Property Details for 121 East 81st Street

Zoning
R8B/C1-9
View
Garden

Location

Listing Courtesy of Leslie J Garfield & Co Inc
Add your commute
LISTING UPDATED: 04/19/2024 02:34 PM

Property Details for 121 East 81st Street

StatusActive
MLS IDPRCH-8053114
Days on Market13
Taxes$12,283 / month
Maintenance-
Min. Down Pymt-
Total Rooms20.0
Compass TypeSingle Family
MLS TypeSingle Family Townhouse
Year Built1899
Lot Size3,780 SF / 20' x 102'
CountyNew York County

Building

121 E 81st St

1 Units3 StoriesBuilt in 1899

Location

Listing Courtesy of Leslie J Garfield & Co Inc
Add your commute

Building Information for 121 East 81st Street

Stories3Year Built1899Building Size20' x 50'Building Sq. Ft3,000 SFLot Size3,780 SF / 20' x 102'Building Age-Building Type-

Payment Calculator

$83,202 per month

30 year fixed, 7.25% Interest

Principal and Interest

$70,919

Property Taxes

$12,283

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 121 East 81st Street

Summary
Location and General Information
  • Subdivision Name: Upper East Side
  • Cross Street: 505 Park Avenue
  • Stories Total: 5
  • Exposures: North
  • Garage Spaces: 0.0
  • Zoning Description: R8B with a C1-9 overlay on lower 2 floors of 125 E 81st Street
Taxes and HOA
  • Tax Lot: 0012
  • Tax Block: 01510
  • Association Fee Frequency: Monthly
  • Building Tax Lot: 0012
  • Tax Abatement YN: false
Parking
  • Parking Total: 0.0
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 9400.0
  • Building Area Total: 9400.0
  • Building Area Units: SquareFeet
  • Lot Features: Garden, BackYard
  • Lot Size Dimensions: 20.0 x 102.17
  • Living Area Units: SquareFeet
  • Above Grade Finished Area Units: SquareFeet
  • Below Grade Finished Area Units: SquareFeet
  • Lot Dimensions Source: PublicRecords
  • Lot Size Source: Plans
Building Information
  • Area Under FAR: 5000.0
  • Building Exterior Features: Garden, Storage
  • Building Laundry Features: InBasement
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: None
  • Current Use: SingleFamily
  • New Construction: No
  • Structure Type: House, Townhouse
Interior and Exterior Features
Exterior Features
  • Basement: Finished
  • Exterior Features: Garden, Storage, PrivateYard
  • Other Structures: GuestHouse
  • Security Features: FireAlarm, FireSprinklerSystem
  • Spa: No
Interior Features
  • Fireplace Features: Den, Library, FamilyRoom, LivingRoom
  • Fireplace: No
  • Furnished: Unfurnished
  • Heating: Central, HotWater, Fireplaces
  • Interior Features: Den, Pantry, Storage, Elevator, Bookcases, HighCeilings, EntranceFoyer, BuiltInFeatures, CathedralCeilings
  • Basement: Yes
  • Heating: Yes
  • Laundry Features: InBasement
  • Levels: MultiSplit
  • Room Type: MediaRoom, Library, DiningRoom
  • Ceiling Height Units: Feet
  • Ceiling Height: 12.0
  • Bathroom Condition: Good
  • ElevatorsTotal: 1
  • Size Dimensions: 37x50
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: Yes
  • Attendance Type: None
  • Owner Pays: None
  • Owner Pays Remarks: Call Listing Agent

Property History for 121 East 81st Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 121 East 81st Street

Taxable ValueLand$204,660Additions$460,620Total$665,280
Home Facts
Total Finished SqFt5,390 SqFtLot Size2,043 SqFtYear Built1899ZoningR8BAPN1015100012

Schools near 121 East 81st Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 6 Lillie D Blake
PublicPK 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.

Similar Homes

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121 East 81st Street is a single family home for sale in Upper East Side. This property was listed for sale on April 19, 2024 by Leslie J Garfield & Co Inc, it's currently listed at $12,995,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 6 Lillie D Blake, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 121 East 81st Street is a 5-bed, 8.5-bath, 9,400 sqft single family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leslie J Garfield & Co Inc

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.