119 East 38th Street (Park & Lex.), 6 Story Brownstone plus basement, The Perfect Work/Live Building of Approx. 8,000 sq ft.
It is on a beautiful Landmark block between Park Avenue and Lexington Avenue.
The top 3 floors were six studio apartments and we converted them to a single apartment. We added 16 feet on the living floor and 10 feet on the 2 bedroom floors. In addition we added a 17’ x 27’ room on the roof that we converted into a half basketball court. There are 5 bathrooms plus a powder room, 2 new gas lit fireplaces, a home theater, a laundry room, terraced gardens, plus a newly wired sound and security system. A newly installed elevator travels between the 2nd, 3rd, 4th, 5th and 6th floors.
The first floor of the apartment is an open floor, sun room, large kitchen with an island and all new appliances, a dining room, a large living room with a gas fireplace and a terraced garden. (17’ x 76’)
The second floor has a master bedroom with a terrace and deluxe bathroom, a second bathroom and a large walk-in dressing room. A guestroom/bedroom has its own bathroom and a new gas fireplace. This floor contains the laundry room, the security system and the telephone system. (17’ x 70’)
The third floor has a large bedroom with ‘Juliet’ balconies, a walk-in closet and a bathroom, plus a second large bedroom with a bathroom. Additionally, this floor has a High Definition 84” screen Home Theater. (17’ x 70’)
The fourth floor is a large 17’ x 27’ room finished with maple floors and walls and a professional electric operated basketball backboard. The ceramic tiled back of the roof is finished with a terraced garden, the front aluminum decking is also finished with a terraced garden. The 4 floors have new air-conditioning. They have been wired for music control throughout the 4 floors. The new passenger elevator travels from the Parlor floor level to the 6th floor and could be opened to connect to the commercial parlor floor.
The bottom 2 floors are zoned commercial. They are also air-conditioned. The ground floor is an open floor with a large office in the rear. It is approximately 1600 sq ft. with a small garden in the rear. The parlor floor has high ceilings and is also an open floor with a large office in the rear. It is approximately 1600 sq ft. Both floors have a bathroom, each with a shower.
The parlor floor has a sink and bar set up in the ‘master office’ room. Ground floor is 17’ x 100‘ (minus 10’ x10’ garden), The parlor floor is also 17’ x 100‘ (minus 10’ x10’ garden).
The basement is approximately 1000 sq ft. and has a new boiler. The electrical is new throughout the building. It is dry and quite usable for storage. It could easily be made into a more desirable space by digging to create a higher ceiling than the current 7 ft. height and finishing off the walls. (17’ x 55’)
Owner would consider lowering the price from $9,000,000 to $7,000,000 if owner had a 20 year lease, or $8,000,000 if we had a 10 year lease. It should open doors to people who are a seeking great living space, ownership of the property, yet offering them a price range that may better fit for their budgets. *
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