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A blog from CityRealty (Links below will take you to the 6sqft site)

32 East 74th Street

$14,750,000 -7.8% | 6+ beds, 6+ baths
273 days on Market

Key Details

  • Listed Oct 28, 2020
    Last Price Change -7.8% ($1.245M) on Mar 23
    Days on Market 273
    Building Type Townhouse
    Listing viewed 594 times
Est. Monthly Mortgage $49,749
Total Est. Monthly Carrying Cost $49,749

Description

32 East 74th Street. An Icon of Modernist Design and Architectural History. Repriced!

Now $14,750,000. Designed by William Lescaze, a pioneer of the European International Style, the Swiss architect helped introduce modernist architecture to America. This iconic modernist residence was completed in 1935 and commissioned by the prominent textile and WWII Distinguished Service Medal recipient Richard Kramer.

The current ownership completed a gut renovation of the interiors both mechanically and cosmetically including the installation of an elevator in 2017. This offering presents the unique opportunity to own a one of a kind piece of modernist architectural history on arguably one of the finest Upper East Side locations. Built 20' X 57' on a 102' lot this property is in excess of 7,000 sf.

The home has been converted into three duplex rental apartments designed for investment or multi-generational living. Each apartment has brand new kitchens with high-end appliances and some have private outdoor space. Each unit also has its own washer/dryer, central air conditioning, central vacuum, and private keyed elevator access. The home's original exterior and design have been preserved including Lescaze's stunning trademark glass brick window wall. There is an expansive use of glass windows on both facades, complemented by plenty of private outdoor space including a lower garden and roof terrace.

There is also the opportunity to convert this home back to a stunning single-family modernist townhouse (8 bedrooms+ with Elevator) with many interior and exterior possibilities. The current configuration lends itself well to an owner-user looking for a piece of collectible real estate with the ability to live and work from home, or have a family compound. Showings are by appointment only with 24hrs notice with proper health and safety precautions taken.

The house will be delivered vacant and in as is condition.

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Building Amenities

  • Pre War
  • Garden
  • Elevator
  • In-Unit Washer/Dryer

Similar Apartments Nearby

 

Area info for 32 East 74th Street

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Subways

  1. 6
at Lexington Ave 0.23 miles

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Listing provided courtesy of Compass