$21,475,000
Updated 7 years ago
Off Market

50-52 East 81st Street

Upper East Side, Manhattan | Madison Ave & Park Ave

32 Rooms17 Beds14 Baths13,141 Square FeetSingle Family

$21,475,000
floors / apts5 / 1
Building TypeTownhouse
RE Taxes$100,586
Price Per SF
$1,634

Listing Features

  • Architectural Dtls

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 50-52 East 81st Street

Unique opportunity to combine 50 East 81st Street and 52 East 81st Street and create a 40-foot wide mansion in one of the most desirable residential neighborhoods on the Upper Eastside.With approximately 13,141 square feet of living space, these existing townhouses lend themselves to a multitude of possibilities, including an upgrade and restoration for use as a magnificent single-family home, creation of an owner's duplex or triplex while positioning other units for lease, or for the use by an institution. With additional FAR and the absence of a landmark designation, the potential to upgrade or redevelop is practically limitless.

Wonderfully located on the south side of picturesque and tree-lined 81st Street, the buildings sit mid-block between Madison and Park Avenues. Central Park and the Metropolitan Museum of Art are around the corner, putting these properties squarely amidst the best culture, recreation, dining, and retail offered anywhere in Manhattan.

About 50 East 81st Street:
Currently configured with a physician's office at grade, plus two residential apartments on each of the next four floors. Estimated at 1,700 square feet the office can be accessed either from the main building or through a separate side entrance. It is also connected to a charming, south-facing garden. All eight of the residential units have high ceilings, period details, ornate mantelpieces, and oversized windows. Six of the eight can be delivered vacant. Rent stabilized tenants occupy the remaining two. Beautiful sight lines to the south face capture other townhouses. This property also has a full cellar level with attractive ceiling height and a partially poured concrete floor. In addition, there is a full set of stairs connecting the fifth floor and a large, flat roof.

About 52 East 81st Street
52 East 81st Street is a grand 20-foot wide, 5-story townhome with stunning proportions and exquisite architectural detail throughout its gracious approximately 5,776 square feet of living space. It features a deep, lushly planted south garden and serene terrace. Currently configured as three units (two duplex apartments and one floor-through), 52 East 81st Street may be delivered vacant, affording the rare opportunity for a discerning buyer to create a custom single-family dream home in an unrivaled Upper East Side location, or benefit from the income of a multi-family property.

Listing History for 50-52 East 81st Street

Now
02/28/2019
POM by Leonel Piraino
Brown Harris Stevens
2019

Building Details for 50-52 East 81st Street

OwnershipSingle Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1921
Floors/Apts5/1
Learn More About the Building

Transit and Citi Bike

Subway

77 St
0.24 miles
86 St
0.3 miles
86 St
0.45 miles

Citi Bike

Madison Ave & E 82 St
0.08 miles
E 84 St & Park Ave
0.17 miles

Contact Agents

Contact Agents

Leonel Piraino
Brown Harris Stevens
Rafael Salas
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: 70375TH