59 East 73rd Street

Lenox Hill

$11,700,000
Price
10
Beds
10
Baths
7,525 Sq. Ft.
$1,555 / Sq. Ft.
7,525
Sq. Ft.
$1,555
per Sq. Ft.

Description

Exceptional opportunity to create your own fabulous single family home in the heart of the Upper East Side! This elegant five story townhouse sits on a 17.6′ × 102.2′ lot on 73rd Street between Park and Madison Avenues and offers 7,525 square feet. Built in 1910, seconds away from Madison and Fifth Avenue, this residence offers absolute privacy while providing easy access to Central Park, galleries, high-end boutiques and the finest restaurants. It is in the Upper East Side Historic District and...Exceptional opportunity to create your own fabulous single family home in the heart of the Upper East Side! This elegant five story townhouse sits on a 17.6′ × 102.2′ lot on 73rd Street between Park and Madison Avenues and offers 7,525 square feet. Built in 1910, seconds away from Madison and Fifth Avenue, this residence offers absolute privacy while providing easy access to Central Park, galleries, high-end boutiques and the finest restaurants. It is in the Upper East Side Historic District and is landmarked. The zoning is R8B/R10 & PL (Special Park Improvement District) and therefore allows Residential Use.

Within this 5 story townhouse, currently configured as a 10-unit condominium, there are two apartments per floor consisting of a studio (front) and a one bedroom (back). The street level studio apartment (1F) has a private gated entrance from East 73rd Street and the one bedroom (1B) has a private garden/ patio. The second floor (parlor floor) has a gracious studio apartment (2F) with very high ceilings and a one bedroom in the back (2B) that faces the serene garden/ patio below. The third floor studio apartment (3F) enjoys tree-lined views and the one bedroom (3B) has a private terrace. The fourth floor has a studio (4F) and a one bedroom (4B). The fifth floor studio receives incredible natural light (5F) and the one bedroom apartment (5B) has two skylights.

Each apartment has a renovated granite kitchen with stainless steel appliances, marble bathrooms with European style showers, and individually controlled central heating and air conditioning units. There are decorative fireplaces in a few apartment units. The building underwent an extensive “gut” renovation, including plumbing and electrical in 2007. New marble flooring in the entrance vestibule and entry hall was installed which complements the original mahogany trim, baseboards, chair rail, and wainscot. Additionally, the central stairs and floor landings were newly carpeted and illuminated by contemporary lighting. In 2017, the facade was restored and the pointing work completed at that time, and replacement of the roof and roof skylights.

59 East 73 is a great investment opportunity because, due to the current configuration, possibilities are endless for an investor:

1. The best use would be for the subject property to be converted into a single family, an opportunity to create your own fabolous home in one of the best blocks in the UES, seconds from Central Park.
2.The Subject Property can remain an investment property, where the condo units all stay rented, or each unit can be sold individually.
3. It can be converted to an owner’s duplex (or triplex) with the balance staying as rental apartments or the balance of the apartments can be sold.
4. The Subject Property can also be divided into two duplexes and a simplex, or a triplex and a duplex.
5. Another possibility is converting the current 10 apartments into 5 full floor apartments, to be resold or rented.

This is a rare opportunity to become the proud owner of your own brownstone in one of America's most sought-after blocks, seconds away from Central Park.

59 East 73 has a FAR of 4, with 7,192 allowable sq. ft. *** The Actual Buildable FAR must be confirmed by conducting a property survey and by a submission to the NYC Dept. of Building and the NYC Landmark Preservation Commission. ***

Listing Agents

  1. Falleroni Team

    Falleroni Team

    Alternative Listing Agent

    Compass

    falleroniteam@compass.com

    P: (347) 446-9088

Amenities

  • City Views
  • Balcony
  • Private Terrace
  • Private Patio
  • Private Yard
  • Patio
  • Decorative Fireplace
  • Fireplace

Location

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LISTING UPDATED: 03/13/2024 04:43 AM

Property Details for 59 East 73rd Street

StatusActive
Days on Market219
Taxes$9,442 / month
Maintenance-
Min. Down Pymt-
Total Rooms25.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1910
Lot Size1,798 SF / 18' x 102'
CountyNew York County

Building

59 E 73rd St

10 Units5 StoriesBuilt in 1910

Location

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Virtual Tour

Building Information for 59 East 73rd Street

Stories5Year Built1910Building Size17.6' x 85.511363'Building Sq. Ft7,525 SFLot Size1,798 SF / 18' x 102'Building AgePre-warBuilding TypeTownhouseSenior CommunityNo

Payment Calculator

$73,294 per month

30 year fixed, 7.25% Interest

Principal and Interest

$63,852

Property Taxes

$9,442

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 59 East 73rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 59 East 73rd 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.

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59 East 73rd Street is a townhouse for sale in Lenox Hill. This property was listed for sale on September 23, 2023 by Compass, it's currently listed at $11,700,000. 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. 59 East 73rd Street is a 10-bed, 10-bath, 7,525 sqft townhouse built in 1910.

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.

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.