310 West 82nd Street

This limestone building with a beautiful faade is located on one of the most sought after blocks on the Upper West Side! Situated on the south side of 82nd Street by West End Avenue with Riverside Park only one block West and Broadway a short block East, it is on a quiet residential block with a plethora of shopping and services around. The building was erected in the early 1900s and was later in close proximity to the School of American Ballet and Schraffts Diner on Broadway and 82nd. Now, Barnes and Nobel occupies the spot and the famous Zabars delicatessen and specialty store is a block down Broadway.The building is 17 feet wide with 5,100 sqft of interior space before expansion. Due to additional FAR that is intact, the potential to develop and add more square footage could provide the property with a large potential upside. Converting it to a single family home and adding about $2 million in construction costs could render this $5 million price tag fixer-upper into an immaculate residence surrounded by a residential neighborhood with transportation and schools with an $8 million to $10 million value.The interior of the very special house impresses with a combination of charming original pre-war details and potential modern upgrades for which plans are being drawn up at this writing. The south-facing bedrooms overlook the back yard and the north-facing units face the lovely tree-lined street and a beautiful West End Avenue Pre-War apartment building. Some of the rooms have fireplaces and period architectural details. They all have high ceilings, and good light. The sturdy and wide interior staircase can be supplemented with an elevator and the extension bedrooms can be expanded into modern 17 foot wide rooms with large windows in the back. This would only translate to an increase in the value whether it were considered for single family or an owners area with an additional unit or units above. The current unit mix includes several studios and one bedrooms, a penthouse with a roof terrace and a garden. There is significant worth in this rarely available property due to its location in one of the most prime and convenient parts of the Upper West Side with huge potential!