121-125 East 81st Street
New York, NY 10028

Cross street:Park Avenue

Building

Type:Townhouse
Era:Post-war
Floors:5

Property

Ownership: Single Family
Rooms: 20
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price: $12,995,000
505 Park Ave, New York, NY 10022
Courtesy of Douglas Elliman Real Estate

Description

Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue, 121-125 East 81stStreet sits on a very unique and seldom found 37' x 102' south-facing lot and encompasses roughly 9,400 square feet above grade.

Originally constructed in 1899, these two contiguous houses have been immaculately maintained over the years and offers buyers various opportunities for configuration. The houses are currently configured as a single-family residence with a separate duplex office unit (zoned commercial) on the ground and parlor floors of 125 East 81st Street, which was used as an office.

Below are the details of each of the houses:

121 East 81st Street


- Dimensions: 20' x 50'
- Stories: 5
- Approx. 5,390 sqft (above grade)
- Lot: 20' x 102.17'(2,043 sqft lot)
- Zoning: R8B
- Annual Taxes: $75,966
- Residential FAR: 4
- Maximum usable floor area (subject to verification): 8,172 sqft
- Not landmarked

125 East 81st Street

- Dimensions: 17' x 44'
- Stories: 4
- Approx. 3,984 sqft (above grade)
- Lot: 17' x 102.17'(1,737 sqft lot)
- Zoning: C1-8X
- Annual Taxes: $71,429
- Residential FAR: 4
- Maximum usable floor area (subject to verification): 6,948 sqft
- Not landmarked

The property can be renovated in its current configuration to maintain a live/work use, further combined to increase the residential space of the home, and can also be completely rebuilt new as the houses are not landmarked. Please note that the two houses are still two separate tax lots.

Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sqft (subject to approvals) offering the perfect opportunity to create an impressive home.

The buildings will be delivered vacant.

This is co-exclusive with Jed Garfield and Lydia Rosengarten of Leslie J. Garfield & Co.

Amenities

  • Voice Intercom
  • Walk-up

Neighborhood

More listings:

Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue, 121 125 East 81stStreet sits on a very unique and seldom found ...


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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.