36 East 73rd Street New York, NY 10021 is a landmark townhouse that was first built in 1887 and later reconfigured in 1910 with the present neoclassical limestone and brick facade, which includes 5 stories and a basement, as one block away from Central Park. Elegantly located just off… Read More a prime stretch of Madison Avenue on a charming tree-lined block, the building is zoned for both residential and multiple business classes, providing a unique opportunity to redevelop this prime 20 87 parcel with app. 6,730 ft of interior space and app. 500 ft of exterior, for a total including the lower level of app. 8,070 ft of interiors. Presently configured with 2 floors noted antique gallery with app 1,340 ft footprint on the ground level and 1st floor, and app (Commercially zoned). 1,340 ft of lower-level space, highlighted by prominent glass vitrines at street level; the building comes with a separate residential entrance that leads to elevator to 3 residential units (5 units total). A large-sized elevator, designed to transport wide-ranging artworks and furniture, connects every level along with a separate staircase. The 3 upper residential floors currently contain 3 full-floor rental apartments, which can easily be combined into a sprawling triplex with roof deck or converted into other layouts. Based upon current zoning and entitlements, the building plot comes with a total of 10,500 ft of Air Rights, enabling 1 additional level of interior space (half floor), plus a developable roof terrace. Adjacent to the premier stretch of high end Madison Avenue boutiques, with convenient access to the Upper East Side's premier cultural and recreational landmarks, the property benefits from robust foot traffic and efficient links to public transportation. This elegant and adaptable property awaits new owners with a new vision to maximize its potential and underlying value. For Residential Buyers: Possibility to transform it back to a full residential TH. For Commercial Buyers: Possibility of building the full lot, as and additional half a floor with a terrace.. Read Less
Listing Courtesy of: Lorenzo M Avati, Corcoran Group
Listing Snapshot
Days Online
100
Last Updated
Property Type
MixedUse
Beds
3
Full Baths
3
Partial Baths
3
Square Ft.
6,730
Lot Size
0.04 Acres
Year Built
1910
MLS Number
RLS20019533
30 Days Snapshot Of 10021
$2.53M
+51%
(avg) sold price
40
-13%
homes sold
131
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement YN: t
Building
Entry Level: 1, Features: Elevators, GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 9, Structure Type: MixedUse
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