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Townhome – Upper East Side, Manhattan, New York City, State of New York, USA
Acquisition/Value-Add siteThe asset presents a truly unique possibility for po tential buyers to execute a wide variety of potential possibilities including a boutique condominiums, mixed-use residential/community facility or a historic and one-of-a-kind single family residence. Consisting of three tax lots, the property is split zoned between R10 and R8B districts and is approximately 38,626 square feet above grade with an additional 12,121 square feet of below-grade space, bringing the total gross square footage to 50,747 square feet. The maximum buildable square footage is approximatel y 84,189 square feet, which is inclusive of 45,563 square feet of additional rights. However the property lies within the expanded Carnegie Hill Historic District and therefore any work to the exterior and usage of the additional air rights must be presented to and approved by the Landmarks Preservation Commission. These three buildings, provide a unique opportunity to develop a boutique condominium on some of the world's most coveted real estate.
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