Updated 18 hours ago
Upper East Side, Manhattan | Madison Ave & Park Ave
16 Rooms6 Beds5.5 BathsMulti-Family

$25,000,000
floors / apts5 / 3
ZoneR8B
Building TypeTownhouse
RE Taxes$93,383

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room
  • Sauna

Property Description

Sprawling legal three-family under construction with approved plans to build an exquisite and majestic single-family townhouse (with elevator) on one of the most upscale and exclusive Manhattan blocks: 63rd Street between Park and Madison Avenue.

The financially qualified-buyer has the ultimate opportunity: to unlock her or his most inspiring vision and actualize a home you have always craved and needed.With the current team of townhouse experts, particularly the general contractor and architect, the structural possibilities are plentiful.

The present legal configuration offers three residential units and one commercial unit with elevator.

The approved plans, currently in its nascent stages of construction, offers one level below ground and six levels above ground that include:

- Cellar: sidewalk vault, water service and pumps, sauna room, powder room, two storage areas, elevator machine room, DH closet, IT closet, workshop room, and mechanical room.
- Ground floor: two entrances with one entrance leading to the vestibule, and the other entrance leading to an accessory office. Grand foyer, powder room, walk-in closet, kitchen, and spacious breakfast nook.
irst floor: living room, dining room with wood-burning fireplace and kitchen.
- Second floor: master bedroom with wood-burning fireplace and ensuite master bathroom, and additional spacious bedroom with ensuite full bathroom.
- Third floor: Junior suite with wood-burning fireplace and ensuite bathroom, and additional spacious bedroom with ensuite bathroom and large dressing area.
- Fourth Floor: Either a library or another bedroom with ensuite bathroom, family room with wood-burning fireplace and direct access to a spacious terrace.
- Penthouse: Two enclosed outdoor recreational spaces, an open terrace, and a penthouse suite with skylight and kitchenette.

All approved drawings and plans can be emailed, so please reach out to the exclusive for existing plans and the approved proposed plans. Since construction is in its early stages, you are welcome to offer your own design should you require a two-family or other legal configuration of your need and choosing.The sale price includes all construction costs for the approved plans. You are welcome to purchase the property and use your own contractor and personnel should you prefer. Or, you may move forward with the existing construction team. The massive flexibility is unparalleled.

You are truly purchasing a one-of-a-kind property.

Lot size is 20 ft X 100.42 ft with 8,028 usable square feet.

Listing History

Now
03/13/2023
$25,000,000
Initial Price by Jennifer Saavedra
Corcoran
Launch

Building Details

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Floors/Apts5/3
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/63 St
0.19 miles
5 Av/59 St
0.23 miles
59 St
0.26 miles
Lexington Av/59 St
0.26 miles
68 St-Hunter College
0.32 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.

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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: 90131TH