$18,000,000
Updated 6 years ago
Off Market

Raymond C. Kramer House

32 East 74th Street

Upper East Side, Manhattan | Madison Ave & Park Ave

14 Rooms8 Beds7.5 Baths7,200 Square FeetMulti-Family

$18,000,000
floors / apts5 / 2
Lot Size20'x102'2"
Built Size20'x57'
ZoneR8B
Building TypeTownhouse
RE Taxes$93,696
Price Per SF
$2,500

Listing Features

  • Original Details

Outdoor space and views

  • Backyard
  • Garden
  • Patio
  • Terrace
  • Treeline Views

Building Amenities

  • Voice Intercom
  • Elevator
  • Garden
  • Laundry Room
  • Outdoor Parking
  • Roof Deck
  • Second Entry
  • Storage

Property Description for 32 East 74th Street

PRICE REDUCTION! Distinctive and with numerous options for conversion/investment, 32 East 74th Street is situated on the most coveted and charming city blocks on the Upper East Side, just steps from Central Park and the best of neighborhood amenities. This historic landmarked townhome is only one of two in New York City designed and built by visionary modernist architect William Edmond Lescaze in 1935. Exposures are bright and airy through the home's expansive and original glass windows on both faÃÂcades, complemented by plenty of private of outdoor space. In 2015, the home was entirely renovated and reconfigured into three private duplex apartments, all with private keyed elevator access. There is the opportunity to convert this home back to a stunning single-family townhouse (8 bedrooms, 7 bathrooms, 2 powder rooms) with many interior and exterior possibilities, including ample outdoor spaces for gardening as well as outdoor dining and entertainment. If the private units are retained, they could be used in multiple ways for a single owner including the potential to generate rental income. Closet space is abundant in all three duplexes, which are fitted with brand new kitchens and premium appliances. Each unit also has its own washer/dryer, Sonos sound system, central air conditioning, central vacuum, and private keyed elevator access. Duplex 1 – The ground floor/garden level unit has 2 bedrooms and 2.5 bathrooms on the upper level, as well as a 207-square-foot outdoor terrace. An open kitchen combined with living/dining space is situated on the lower level and opens out to a private 675-square-foot garden, perfect for combined indoor/outdoor entertaining. Duplex 2 – This 3-bedroom, 3-bathroom apartment is split with the sleeping quarters on the second floor and living quarters on the third floor. Living and dining areas flow seamlessly into a large and airy eat-in kitchen. There is an extra room adjacent to the kitchen, which can serve multiple purposes. Duplex 3 – The fourth floor contains 3 bedrooms and 2 bathrooms including the master suite with a lovely south-facing outdoor patio and lovely light throughout the day. Terraces also flank the living and dining area on the fifth floor, while the generous outdoor patio facing 74th Street was partially converted into an eat-in conservatory but can easily be changed back. *Some of the rooms in this apartment have been virtually staged. Photos shown are for representation only. You will find the virtually staged room, followed by the original room.

Listing History for 32 East 74th Street

Now
04/22/2020
Expired by Rowena Dasgupta
Coldwell Banker Warburg
02/18/2020
$18,000,000 [-$1,500,000] [7.7%]
Price Drop by Rowena Dasgupta
Coldwell Banker Warburg

Building Details for 32 East 74th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1935
Floors/Apts5/2
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.24 miles
68 St-Hunter College
0.33 miles
72 St
0.42 miles

Citi Bike

E 72 St & Park Ave
0.12 miles
E 76 St & Park Ave
0.13 miles

Contact Agents

Contact Agents

Rowena Dasgupta
Coldwell Banker Warburg
Bill Martin
Coldwell Banker Warburg

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: 25957TH