$11,500,000
Updated 6 years ago
Off Market

38 East 75th Street

Upper East Side, Manhattan | Madison Ave & Park Ave

16 Rooms12 Beds11.5 Baths14,500 Square FeetIncome Property

$11,500,000
floors / apts4 / 18
Lot Size38'x102'
Built Size38'x90'
ZoneR8B
Building TypeTownhouse
RE Taxes$102,707
Price Per SF
$793

Outdoor space and views

  • Patio
  • Terrace

Building Amenities

  • Voice Intercom

Property Description for 38 East 75th Street

PLEASE NOTE: OPEN HOUSE IS BY APPOINTMENT ONLY. PLEASE CONTACT AGENT DIRECTLY FOR TIME.

EASILY CONVERTED TO SINGLE-FAMILY, VACANT AND FREE-MARKET Gold Coast Gem. Built-in 1881 for a renowned developer at the time, 38 East 75th Street was designed as one of four-row houses by prominent New York architects Arthur M. Thom and James W. Wilson. This 5-story, 20-ft wide townhome located in the Upper East Side Historic District comprises 6,627 interior square feet with an additional 1,533 square feet of buildable rights. The 19th-century details throughout are stunning with ceilings on the parlor floor that soar to 12-ft, original extra-wide fireplaces, ornate ceiling moldings in every room, and tall windows throughout. Currently configured as eight large studio apartments and one four-bedroom triplex (all vacant and free-market) this home can be a live-with-income scenario or restored to its original single-family grandeur.

38 East 75th Street was originally built as a 20' x 56' home on a 20' x 102' lot. In 1936, an extension of 14.5' x 26' was added to the bottom three floors of the main building. The four-bedroom triplex stretches the entire length of the ground floor and the top two floors of the building's 26-ft extension, for a total of 2,410 square feet. The eight studios are split up into two residences per floor from the parlor floor to the fifth floor, in the original building, each with a private entrance accessed off the common hallway.

The parlor floor studios have 12-ft ceilings with molding detail, arches supported by half-columns in the former dining room, original fireplace mantels, ample closet space, large kitchenette, and full-sized bathrooms in each. The third floor has 10'8" ceilings with large windows and good closet space. The fourth floor and fifth floors have 10-ft ceilings and the back studio on the fourth floor has a 350-SF terrace, the top of the building's extension. The studios range from 335-sf to 515-sf, all with generous closet space and great light.

The four-bedroom triplex has 12'6" ceilings in the large sunken living room area with floor to ceiling windows and an entrance onto the south-facing patio and is flooded with light. The windowed kitchen has good cabinetry and has a pass-through into the dining area. There is a bright office space or seating room in the front portion of the ground floor, which can be used for live-work, and two bedrooms on each of the top two floors of the triplex.

The cellar of the building contains laundry, building mechanicals, and storage cages.

Located in the heart of the Upper East Side Gold Coast Historic District, between Park Avenue and Madison Avenue, on a quiet tree-lined street just a few hundred feet from Central Park. Some of the best shopping and dining options New York City has to offer are at your doorstep.

Please email all requests for Offering Memorandum.

Listing History for 38 East 75th Street

Now
08/07/2020
Expired by Anna Kahn
Brown Harris Stevens Residential Sales LLC
03/11/2020
$11,500,000
Initial Price by Anna Kahn
Brown Harris Stevens

Building Details for 38 East 75th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1881
Floors/Apts4/18
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.21 miles
68 St-Hunter College
0.37 miles
72 St
0.43 miles

Citi Bike

E 76 St & Park Ave
0.08 miles
E 72 St & Park Ave
0.16 miles

Contact Agents

Contact Agents

Anna Kahn
Brown Harris Stevens
Anne Snee
Brown Harris Stevens

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: 54566TH