$13,500,000
Updated 7 years ago
Off Market

350 East 81st Street

Upper East Side, Manhattan | First Ave & Second Ave

12 Rooms6 Beds3 Baths10,000 Square FeetMulti-Family

$13,500,000
floors / apts4 / 3
Lot Size24'x102'
Built Size23'x102'
ZoneR8B
Building TypeTownhouse
RE Taxes$150,639
Price Per SF
$1,350

Listing Features

  • New Windows
  • Oversized Windows
  • Central AC

Outdoor space and views

  • Deck
  • Garden
  • Patio
  • Private Roof

Building Amenities

  • Video Intercom
  • Elevator
  • Roof Deck
  • Wine Cellar

Property Description for 350 East 81st Street

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 350 East 81st Street a 24 foot wide, four story 9,925 square foot luxury property located in the heart of the Upper East Side, in close proximity to some of the best schools in the nation. This remarkable property features loft-style ceilings, floor-to-ceiling windows, and a separate service entrance. An open floor plan lends itself to an abundance of light, airflow and loft-style living rarely found in this neighborhood. The building contains three luxury lofts, each with elevator access opening to them. All units have state of the art kitchens with Carrara marble counter tops and backsplash, accompanied by Viking Ranges, Sub Zero refrigerators, Bosch dishwashers, and stainless steel fixtures.

The first floor unit is a duplex unit containing three beds and four baths. There are two points of entry, one through the lobby and one to the second floor via the elevator. Each of the bedrooms on the second floor opens to a beautiful hardwood patio with a skylight view of the first floor below. It has a large upscale living area with a giant media room and a refrigeration wine rack. The unit is rented through August 31st, 2017 for $13,750 per month.

The third floor is a two/three bedroom unit with three bathrooms. The unit contains heated floors with the master bathroom featuring a steam shower and is finished with Carrara marble walls and floors. This unit has been rented through May 31st, 2019 for $10,762 per month with $250 per month increases per year.

Finally, the top floor loft has marvelous 22ft floor-to-ceiling windows along with rich LED skylight lighting. The first floor of this unit contains two bedrooms and two and a half baths. On the second floor lies one half bath with a master bedroom and master bath. The hard wood rooftop in this unit provides open air access and key outdoor features second to none. The top floor unit is rented through August 2017 with a current rent of $19,000 per month.

This income allows the property to operate entirely as an investment, and offers a prospective owner theopportunity to grow into the entire space for their own use.

Building Details for 350 East 81st Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2012
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.29 miles
77 St
0.39 miles
86 St
0.43 miles
72 St
0.46 miles

Citi Bike

E 81 St & York Ave
0.15 miles
E 84 St & 1 Ave
0.16 miles

Contact Agents

Contact Agents

Thomas Gammino
Cushman & Wakefield
Brett Weisblum
Cushman & Wakefield
Hunter Moss
Cushman & Wakefield

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: 43342TH