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162 East 83rd Street
Upper East Side, Manhattan | Lexington Ave & Third Ave
4,610 Square FeetMulti-Family
$8,200,000
$8,200,000
Updated 11 years ago
Off Market

162 East 83rd Street

Upper East Side, Manhattan | Lexington Ave & Third Ave

4,610 Square FeetMulti-Family

$8,200,000
floors / apts5 / 2
Lot Size18'3"x122'4"
Built Size18'x72'
ZoneR8B
Building TypeTownhouse
RE Taxes$45,653
Price Per SF
$1,779

Listing Features

  • Central AC
  • Gas Heat

Outdoor space and views

  • Backyard
  • Patio

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Gated Entry
  • Storage

Property Description for 162 East 83rd Street

Massey Knakal Realty Services has been retained on an exclusive basis to arrange the Sale of 162 East 83rd Street located on the south side of East 83rd Street between Third and Lexington Avenue. This elevatored townhouse is configured as two duplex units, of which, one occupies the 2nd and 3rd floors and is approximately 2,205 square feet, while the other unit occupies the 4th and 5th floor, and is approximately 1,830 square feet. Building storage and mechanicals are located on the ground floor as there is no existing basement. The property runs on gas, contains operational fireplaces and has central air in each of the duplexes. The lot depth is an amazing 122’ while the building is built only 72’ on the second floor, set back to 33’ on the ground floor, and built 48’ on floors 3-5. The townhouse is not Landmarked nor located in a Historic District giving a prospective purchaser the unique opportunity to use the remaining approximately 4,430 square feet of development rights to add on to the back of the property and/or increase the height. Please refer to page 15 of our marketing brochure for a complete and professional zoning study. The property will be delivered vacant, and provides a unique opportunity for an investor, developer, or user to own a rare townhouse with so much upside potential in one of the most sought after residential neighborhoods in the country.

Building Details for 162 East 83rd Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1899
Floors/Apts5/2
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.17 miles
86 St
0.25 miles
77 St
0.3 miles

Citi Bike

3 Ave & E 82 St
0.1 miles
E 84 St & Park Ave
0.12 miles

Contact Agents

Contact Agents

Thomas Gammino
Cushman & Wakefield
Brett Weisblum
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.

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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: 56392TH
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