53 East 77th Street
$26,000,000
($1,793 per ft2)
| 6+ beds | Approx. 14,500 ft2
197 days on Market
Key Details
-
Listed: Oct 19, 2023Days on Market: 197Building Type: TownhouseNeighborhood: Park/Fifth Ave. to 79th St. (Manhattan)Listing viewed 249 times
Monthly Real Estate Taxes:
$33,112
Total Taxes & Fees:
$33,112
($2.28/ft2)
Est. Monthly Mortgage:
$144,157
Mortgage calculator
Total Est. Monthly Carrying Cost:
$177,269
($12.23/ft2)
Note: the above is based on a down payment of 20% ($5,200,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Prime Location and Versatile Use: This property is located at 53 East 77th Street in the prestigious Park/Fifth Ave. to 79th St. neighborhood. It has been used as a single-family mansion, library, restaurant, recording studio, and furniture showroom, showcasing its versatility and potential for various uses.
- Expansive Space and Potential: The property is approximately 14,500 ft2 in size, spread across 6 floors and contains 1 apartment. It offers the potential to be converted into a grand mansion, making it an ideal investment opportunity.
- Unique Building with Historical Charm: Built in 1900, this townhouse exudes historical charm. It's ideal for an art gallery, school, private club, office, diplomatic residence, institution, and retail mixed building with residential space above office/commercial floors.
- Ample Amenities: Despite its age, the building is equipped with modern amenities including a garden, rooftop terrace, and an elevator, ensuring comfort and convenience for its occupants.
- Financial Details: The property is listed at a price of $26,000,000, which equates to $1,793 per ft2. The monthly real estate taxes amount to $35,066, with total taxes and fees also standing at $35,066 ($2.42/ft2).
- Listing Details: The property was listed on Oct 19, 2023. Although it does not have a doorman, its location and features make it a highly desirable property.
Description
53 East 77th Street has gone through many permutations as a single-family mansion, Funk and Wagnall’s library, Cello restaurant, a recording studio, and currently is used to market museum-quality furniture. The building has great bones and proportions with windows on the north, south, and west. Phenomenal location, as its right off Madison Avenue across from The Carlyle and The Mark Hotel.
The property is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, and retail mixed building with residential space above office/commercial floors.
A buyer could convert this 14,500 sq ft+ building into a grand mansion. Co-Exclusive.
The property is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, and retail mixed building with residential space above office/commercial floors.
A buyer could convert this 14,500 sq ft+ building into a grand mansion. Co-Exclusive.
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Building Amenities
- Garden
- Rooftop Terrace
- Elevator
Listing courtesy of
Nest Seekers LLC
Pricing History
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