$13,500,000
Updated 11 years ago
Sold

113 East 60th Street

Upper East Side, Manhattan | Lexington Ave & Park Ave

10,460 Square FeetRental Property

$13,500,000
floors / apts5 / 3
Lot Size20'x100'
Built Size20'x70'6"
ZoneR8B
Building TypeTownhouse
RE Taxes$104,000
Price Per SF
$1,291

This property was sold for $10,000,000 on 05/06/13.

Listing Features

  • New Windows
  • Oversized Windows
  • Restored Details
  • Central AC
  • Gas Heat

Outdoor space and views

  • City Views

Building Amenities

  • Voice Intercom
  • Backyard
  • Keyed Elevator

Property Description for 113 East 60th Street

113 East 60th Street, located on the north side of 60th Street between Lexington and Park Avenue, is an exquisitely gut-renovated six-story elevator building with 20’ of frontage. A complete 2 year overhaul of the mechanical systems as well as a comprehensive structural re-design of the entire building was completed in 2008. The building features 3 floors (triplex) of commercial space, two residential duplexes and a roof deck. Uniquely zoned for mixed use, but can be restored to full residential status. [current commercial status is grandfathered[ This building has seven finished floors of usable space. Commercial floors 1 and 2 also include a finished basement with 10’ ceilings approved for commercial usage. The basement level runs the entire lot length with a 15’ deep rear patio. Unit #2 (floors 3 & 4) is a 2 bedroom 3 bath duplex apartment with 3 wood-burning fireplaces located in the living room, dining room and master bedroom. Unit #3 (floors 5 & 6) is a 3 bedroom 3 bath duplex apartment with a private roof deck. The gross square footage of the building is 10,460 and it is 20’ wide by 70’6” deep. The Property is situated in one Manhattan’s most desirable neighborhoods near world-class cultural institutions, premier retail on Madison and Fifth Avenue, blocks from Central Park, spectacular dining and countless other high-quality lifestyle options. Please contact Ryan Sherman for a full set up with income and expense details. Building Features:  Commercial space has built-in sound system  Central Air Conditioning o 2 x 5-ton units (residential units) o 1 x 7.5 ton unit (commercial space)  4 Con Ed meters (hall / elevator, commercial, each residence)  All new electrical, plumbing and HVAC  Bathrooms crafted of handmade porcelain tiles  Marble Master Bathrooms  Laundry Rooms subway tile  Master Bathrooms have his/her sinks  forced hot water heat in floors  residential units offer Chef’s Kitchen’s stainless steel appliances  Venetian Plaster in hallways  Large outdoor spaces  3 gas boilers  5 hot water heaters  All tenants pay utilities  Keyed elevator is hydraulic (opens directly on to each floor)  Security cameras throughout the commercial spaces and hallways  Floor to ceiling windows double paned / tempered glass  Private residential entrance  Separate Commercial entrance  Special fire resistant paint  Property is currently 100% occupied  Significant upside potential Some noteworthy highlights:  Exquisite six-story 10,460 sf turnkey property  Superb Investment: fully leased 2012 - 2022  2-year luxury gut renovation completed in 2008  Mixed use: triplex commercial, 2 residential duplexes, roof deck  Hydraulic full-size elevator  Central Air Conditioning / Forced Hot Water Heat throughout  Key component of assemblage possibility with neighboring building(s)  Stunning Prime UES Location (38 years of current ownership)  Immediate proximity to Bloomingdales, 57th Street Retail, The Plaza, and some of the City’s finest dining establishments

Building Details for 113 East 60th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessKeyed Elevator
Floors/Apts5/3
Learn More About the Building

Transit and Citi Bike

Subway

59 St
0.07 miles
Lexington Av/59 St
0.09 miles
Lexington Av/63 St
0.16 miles
5 Av/59 St
0.27 miles
Lexington Av/53 St
0.4 miles

Citi Bike

E 61 St & Madison Ave
0.13 miles
3 Ave & E 62 St
0.18 miles

Contact Agents

Contact Agents

Licensed As
Ryan S. Sherman
Broker
License#:
49SH0954121
Company:
Century 21 Metropolitan
Ryan Sherman
Century 21 Metropolitan
Jasen Plaskett
Century 21 Metropolitan

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 45877TH