53 East 77th Street
$26,000,000
($1,793 per ft2)
| 6+ beds | Approx. 14,500 ft2
198 days on Market
Key Details
-
Listed: Oct 18, 2023Days on Market: 198Building Type: TownhouseNeighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
Monthly Real Estate Taxes:
$33,111
Total Taxes & Fees:
$33,111
($2.28/ft2)
Est. Monthly Mortgage:
$144,157
Mortgage calculator
Total Est. Monthly Carrying Cost:
$177,268
($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
- Single Apartment Building: The building currently contains a single apartment across its 6 floors, offering the potential for a private, spacious residence or a unique commercial space.
- Versatile Building with Rich History: This townhouse at 53 East 77th Street has served many purposes over the years, including a single-family mansion, library, restaurant, recording studio, and furniture showroom, showcasing its versatility and potential for various uses.
- Prime Location: The property is situated in the Park/Fifth Ave. to 79th St. neighborhood, right off Madison Avenue and across from The Carlyle and The Mark Hotel, making it a prime location for both residential and commercial purposes.
- Commercially Zoned with Conversion Potential: The building is commercially zoned and ideal for an art gallery, school, private club, office, diplomatic residence, institution, or a retail mixed building with residential space above office/commercial floors. Additionally, it can be converted into a grand mansion.
- Spacious Interior: With over 14,500 sq ft of space and 6+ bedrooms, the property offers ample room for customization and adaptation to suit the buyer's needs.
- Classic Townhouse with Modern Amenities: Built in 1900, this classic townhouse combines historical charm with modern amenities such as a garden, rooftop terrace, and an elevator.
Description
Trophy Building: Ideal Grand Residence, Art Gallery, Foundation, or Headquarters
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 it is 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.
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 it is 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.
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Building Amenities
- Garden
- Rooftop Terrace
- Elevator
Listing Agent (Seller's Representative)
Listing courtesy of
Brown Harris Stevens Residential Sales LLC
Pricing History
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