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East 84th Street

4,592,000 €
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5 bedrooms 4 separate bathrooms
  • Total rooms: 9

Amazing and unique property Create your Dream Mansion! Or build-up and own an over 5% cap Income Generating Property! This almost 20 foot wide, 4 story building on a beautiful tree lined block in the coveted Upper East Side is now available for sale for the first time in a generation. This home is one of nine owner occupied homes in a row on an unassuming street. All of this within steps of Gracie Mansion and Carl Schurz Park. Beautiful brown facade, with steps up to the parlor floor and a separate entrance off the sidewalk that takes you to the ground floor and into the huge almost 900 square foot rear garden. Having North and South exposures, there is abundant light all day. Original details remain, including 6 beautiful wood burning fireplaces (presently closed), moldings, turn of the 20th century beautiful Queen Anne style staircase & high ceilings. The townhouse, which is approximately 4,050 gross square feet (including ground floor) is presently a 3 family home which will be delivered vacant. This presents a wonderful opportunity to create your dream home. Additionally, there are development rights of up to approximately 8,000 square feet total. This gives end users and investors alike the ability to reimagine the property as one might choose. The property is currently configured as an owners duplex and 2 floor through apartments. While in need of updating, 505 East 84th offers a rare opportunity to acquire a residence that can be reinvented to the imagination of the purchaser. At the end of the block you will enter the gorgeous Carl Schurz Park and breath taking East River strolling/jogging Esplanade. This block has been home to some of New York Citys elite, including Walter Cronkite, who lived just a few doors down for many years. There is also the famed schools, Chapin & Brearley, where attendees such as Jackie Kennedy and daughter Caroline, Queen Noor of Jordan, Amanda Hearst, Ivanka Trump, Vera Wang and numerous other remarkable world renowned woman figures studied. Estimated property taxes $28,344. KW149527

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Daria Burimova
Daria Burimova
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