37' of Frontage on 81st StreetNot Landmarked or in a Historic DistrictPRICED TO SELLSituated 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 landmarked125 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.
PRCH-8053114
Condo, Townhouse, 3+ Story, Townhouse
5
NewYork
8 Full/1 Half
1899
0.086
Acres
9,400
Sq. Ft.
20
Upper East Side
Single Family
Bathrooms
8
1
Total:9
Detailed Room Information
- Laundry
- In Basement
Interior Features
- Heating
- Other. Central, Fireplace, Hot Water.
- Basement
- Finished
- Fireplaces
- Den, Library.
- Security
- Fire Alarm, Fire Sprinkler System
- Additional Interior Features
- Bookcases, Built-in Features, Cathedral Ceiling(s), Entrance Foyer, Elevator, High Ceilings, Pantry, Storage
Exterior / Lot Features
- Lot View
- Garden/Lawn
- Lot Dimensions
- 20.0 x 102.17
- Zoning
- R8B/C1-9
- Additional Exterior/Lot Features
- Garden, Private Yard, Storage. Back Yard, Garden.
Community Features
- Security Features
- Fire Alarm, Fire Sprinkler System
- Complex Features
- Fire Alarm, Fire Sprinkler System
Financial Considerations
$147,396
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