Updated 17 days ago

50 West 86th Street

Upper West Side, Manhattan | Central Park West & Columbus Ave

6,981 Square FeetIncome Property

$14,995,000
floors / apts5 / 10
Lot Size25'x102'
Built Size25'x96'
ZoneR10A
Building TypeTownhouse
RE Taxes$134,880
Price Per SF
$2,148

Listing Features

  • Original Details

Outdoor space and views

  • Balcony
  • Terrace

Building Amenities

  • Voice Intercom
  • Pool
  • Roof Deck

Property Description for 50 West 86th Street

LOT

Lot sq.ft 2554
Lot dimensions 25ft x 102.7ft
Building dimensions 25 ft x 96 ft
Building Frontage 25ft

BUILDING

Building Class C7- over 6 fa mily with commercial
Built 1907
Stories 5
Residential units 8 ALL FREE MARKET
Commercial Units, 1
Commercial sqft 2040
Washer Dryer Yes Select apt
Pool Yes . Grandfathered.
Taxes annual $134,880
Delivered vacant Yes

FAR

FAR 10
FAR as built 2.73.
Allowed usable sqft 25,540
Sqft as built 9012
Unused FAR 18,568

Apartments
- All Free Market
- Apt 1 - Studio + Loft / 1 full bath .
- Apt 2 -1 BR + Loft / 1 full bath.
- Apt 3- 1BR + Loft / 1 full bath + Balcony
- Apt B1 - duplex/2BR/1 full bath.
- Apt B3 - 1BR / 1 full bath + Terrace.
- Apt C3 -2bR loft / 2 full bath + Terrace
- Penthouse 1 duplex 2BR/2 full bath + Private roof deck
- Penthouse 2 duplex 1 BR + Loft + Private roof deck
- Commercial space Open loft / 1 full bath/ 1 kitchen

'THE GOODLUCK MANSION'

-This renaissance revival style mansion retains its original features- The grand limestone entrance with ornate foliate carving with two full-bodied lions flanking the snarling face of a third, an ornately carved original balustrades, High ceilings, exposed brick and multiple fireplaces. The mansion also has a pool on the first floor which has been grandfathered in and can be excavated.

-Delivered vacant and in its original condition with 8 free market units complete with balcony/ terraces, a commercial space 2040 sf in an open loft layout with pool and East, West and South exposures. The building itself has all 4 exposures.

USES:

- Build out the building using its 18,500 ++ sf of available air rights
- Perfect for a not-for-profit organization to convert this property and showcase its storied past and add additional space using the air rights 18,500++ sf.
- Multiple options to convert the building into a educations institution, religious space, galleries, institutions/ workshops areas etc
- Keep the property as a multiple unit investment with its 8 free market apartments and above grade commercial space, add additional space using the 18,500++ sf of available air rights.
- Convert the house back to a single family complete with a pool

Steps from Central Park, the museum of natural history, the MET across the park, subways and more.

The Actual Buildable FAR must be confirmed by conducting a property survey and by a submission to the NYC Dept. of Building and the NYC Landmark Preservation Commission.
Pool is grandfathered in and will need to be excavated.
Fireplaces need to be inspected for viability and restored.

Listing History for 50 West 86th Street

Now
01/21/2024
$14,995,000
Initial Price by Rex Gonsalves
Brown Harris Stevens
Launch

Building Details for 50 West 86th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.1 miles
81 St-Museum of Natural History
0.31 miles
86 St
0.34 miles
79 St
0.49 miles

Citi Bike

Central Park West & W 85 St
0.09 miles
W 84 St & Columbus Ave
0.12 miles

Upper West Side | Manhattan

Quick Profile

Bracketed on its east and west borders by massive city parks, the Upper West Side (UWS) is known for its greenery, stately and elegant townhomes, safe streets and great schools, all of which make it a very desirable neighborhood for families. The UWS has maintained its community feeling, making it attractive to young professionals and retirees, both of whom want a sense of belonging in the place they call home.

Here you’ll find many apartment buildings, especially those along Central Park West. Historic architecture abounds, anchored by four luxury co-ops - the San Remo, Majestic, Century and Eldorado apartments - all of which have two towers on their interiors. They were built in the 1930s and their design was predicated on a 1929 building code that imposed a height limit on residences facing the street. There are also impressive row houses near Riverside Drive throughout the W 70 and 80 Streets. Above the 90s, you will find smaller buildings where walk-ups are very reasonably priced.

There are several world-class museums and venues dedicated to the performing arts. Plentiful dining can be found in the UWS. You will find everything from quaint Jewish delis serving up bagels and a schmear to sophisticated fine dining that has earned multiple Michelin stars, and everything you could possibly want in between. There is also abundant shopping and a vibrant nightlife.

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: 93880TH