Updated 4 days ago
In contract
496 Views
Upper East Side, Manhattan | Lexington Ave & Third Ave
10 Rooms4 Beds5 Baths7,500 Square FeetSingle Family

$17,950,000
floors / apts3 / 1
Lot Size25'7"x100'4"
Built Size25'7"x90'
ZoneR8B
Building TypeTownhouse
RE Taxes$121,600
Price Per SF
$2,393

Listing Features

  • WBFP

Outdoor space and views

  • Backyard
  • Balcony
  • Terrace
  • City Views
  • Garden Views

Building Amenities

  • Voice Intercom
  • Garage

Property Description

This is the rarest of opportunities, to acquire one of the most beautiful and historic carriage houses remaining in all of New York, perfectly located in the low 70s, on one of the Upper East Side’s most desirable tree-lined blocks. This spectacular, large house, with a private garage and curb-cut, is over 7,500SF above ground, plus an enormous full-height cellar of nearly 2,500SF, with zoned additional FAR of another 2,500+/- SF. Larger in scale and size than other carriage houses that have come to market in recent years, due to its coveted width of almost 26 feet, and its extraordinary depth - built full on the 100' lot on the ground floor and cellar, and to 90' on the upper 2 floors. The 12’ tall garage can fit even the largest SUVs, and could be expanded for multiple vehicles.

Currently configured as a single family home with a ground floor medical office, with separate entrance, and delivered vacant, the ground floor presents buyers with incredible possibilities. Incorporate the office into the residence, rent as a separate medical office for an estimated $240k in annual rental income, keep as a private home office, expand the garage, use as private gallery space for an important art collection, create windowed staff suites, family recreation space, or any combination thereof.

163 East 70th Street was completely gut renovated in the 1970s to a very high standard, with steel and concrete construction. It combines the elegance and charm of a 19th century townhouse with proportions only found in the very grandest downtown lofts or pre-war Park or Fifth Avenue apartments. While in need of updating, with the potential to enlarge the house with a re-built 4th-floor rooftop addition, it has an ideal residential layout and features that many buyers would retain, including an exquisite sky-lit sculptural staircase that floods the center of the house with natural light, and a central elevator shaft. Upon entering the house, one is immediately drawn upwards by the light pouring in from the central stair, leading to the parlor level. An enormous but gracious living room opens on one end to an elegant library, with wood burning fireplace, and on the other to the formal dining room (which easily seats 20). A hall leads to a massive eat-in kitchen at the rear, with large glass doors open onto a terrace with lovely townhouse garden views. Two guest powder rooms complete the entertaining space.

With 4 bedrooms, 3 full and 4 half baths, the house is easily expanded to encompass 6 bedrooms plus staff quarters. The graceful stair landing on the third floor leads to a huge 24-foot wide master suite with abundant closet space and a massive en-suite bath. The layout could easily accommodate 2 large dressing rooms within the suite. Down the hallway, separated by the staircase, is the secondary bedroom wing, with three additional bedrooms and two full baths. The two bedrooms at the back of the home feature large floor to ceiling windows.

On the fourth floor, a large glass-roofed solarium with a powder room leads out to the roof, with views of the city skyline to the north and south. The roof offers the potential to build additional living space as well as two or three spectacular terraces.

Although the current ceiling heights are excellent, at 10’+/- on the main living and bedroom floors, the 1970s mechanical ducts and lighting could be redone, with potential for an additional foot of ceiling height, for up to 11’+/- throughout, and nearly 10’ in the cellar. The enormous finished cellar is already full-height, with no need for further excavation, and could easily accommodate a gym, media room, wine cellar, spa, and even a swimming pool. The house also benefits from a rare sidewalk-vault that has been newly reinforced and houses the mechanicals.

The carriage house was designed by CPH Gilbert and built in 1902 for the prominent banker, philanthropist and art collector Jules Bache, who built his brokerage firm into one of the largest in the country, outranked only by Merrill Lynch. A few blocks from his mansion at 814 Fifth Avenue, it was built to a grander scale than most carriage houses of its day, with a ground floor carriage-wash, a horse ramp, second-floor double-height stalls for 9 horses, as well as grooms’ quarters above. In 1944, John D. Rockefeller, Jr. purchased the house, which was ideally located just 2 blocks from his home at 740 Park Avenue. His architect, Grosvenor Atterbury, converted it to his family's private automobile garage and chauffeur’s quarters.

House is tenant-occupied - 48 hour notice required for showing requests.

Listing History

Now
07/22/2021
Contract Signed by Joshua Wesoky
Compass
07/22/2021
$17,950,000
Initial Price by Joshua Wesoky
Compass

Building Details

OwnershipSingle Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

68 St-Hunter College
0.09 miles
72 St
0.21 miles
77 St
0.35 miles
Lexington Av/63 St
0.35 miles

Citi Bike

3 Ave & E 71 St
0.06 miles
3 Ave & E 72 St
0.12 miles

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: 75738TH