$120,000,000
Updated 10 years ago
Off Market

12-16 East 62nd Street

Upper East Side, Manhattan | Fifth Ave & Madison Ave

30,854 Square FeetIncome Property

$120,000,000
floors / apts6 / 13
Lot Size73'x100'6"
ZoneR8B
Building TypeLow-Rise
RE Taxes$418,776
Price Per SF
$3,889

Listing Features

  • Original Details

Outdoor space and views

  • Balcony
  • Terrace

Building Amenities

  • Voice Intercom
  • Elevator
  • Roof Deck
  • Second Entry

Property Description for 12-16 East 62nd Street

Ideally situated just off Fifth Avenue and steps from Central Park on one of the most coveted blocks on the Upper East Side, 12-16 East 62nd Street presents a rare and incredible opportunity to create a palatial single family mansion, club, embassy, or retail space. Rising six stories tall, the three townhomes boast an astounding 73 feet of prime frontage along 62nd Street and exemplify the grandeur of Gold Coast architecture. Originally designed as a row of eight townhomes in 1879 by Breen & Nason, Architects, 12-16 East 62nd Street was reimagined in 1916 in a neo-French classic style. Meticulously restored by Joseph Pell Lombardi Architects in 2011, each house features classic limestone facades, deep inset windows with Juliet balconies overlooking the tree-lined block, and a striking shared cornice. Inside, a breathtaking array of historic and thoughtful details abound, including soaring ceilings, grand proportions, hand-carved wood paneling, twenty-three fireplaces (some with original mantles), grand sweeping staircases ascending up to five stories, elevator, and fifth floor skylights at No. 12 and No. 14. The houses feature eleven terraces, including a magnificent set-back, double-tiered rooftop terrace at No. 12 and No. 14. The three townhomes can be seamlessly combined to offer an expansive 30,000 square feet of interior living space on a shared 73' x 100.5' lot. The five-story brownstone townhouse at 18 East 62nd Street is also available for sale for $35,000,000 and is 22.5 feet wide and 9,520 square feet.The houses are currently configured as a triple-mint luxury rental property comprising thirteen income-producing apartments ranging from full-floor to triplex residences and can be delivered vacant. Top-of-the-line finishes throughout. The possibilities are truly endless. *Please see listing for proposed single family layout and facade rendering.

Listing History for 12-16 East 62nd Street

Now
03/22/2016
POM by Sabrina Saltiel
Douglas Elliman
03/21/2016
TOM by Sabrina Saltiel
Douglas Elliman

Building Details for 12-16 East 62nd Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1879
Floors/Apts6/13
Learn More About the Building

Transit and Citi Bike

Subway

5 Av/59 St
0.14 miles
Lexington Av/63 St
0.26 miles
59 St
0.26 miles
Lexington Av/59 St
0.28 miles
57 St
0.36 miles

Citi Bike

E 61 St & Madison Ave
0.06 miles
5 Ave & E 63 St
0.07 miles

Contact Agents

Contact Agents

Sabrina Saltiel
Douglas Elliman
Raphael De Niro
Douglas Elliman

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: 59243TH