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

471 West End Avenue, TH

$4,850,000 -51.4% | 6+ beds, 6+ baths
1778 days on Market

Key Details

  • Listed Aug 16, 2016
    Last Price Change -51.4% ($1.15M) on Sep 24
    Days on Market 1778
    Building Type Townhouse
    Listing viewed 1,604 times
Est. Monthly Mortgage $16,358
Total Est. Monthly Carrying Cost $16,358

Description

DON'T MISS OUT ON THIS ONE. NOW WITH A HUGE 20% PRICE CHOP! This is a significant building in the Riverside-West End Historic District and an opportunity for townhouse buyers seeking to create a custom home or multifamily residential building in one of New York's most desirable Neighborhoods.

Contact the listing agents for more details and to inquire about available seller financing.

The architectural firm of McKim, Mead & White are widely considered the most prominent and prolific firm of America's Gilded Age. The 1885 townhouse they designed at 471 West End Avenue is exclusively offered now as a once in a lifetime opportunity to acquire an historic building that has been remarkably re-imagined as a 24' wide single-family home, by arguably today's most prominent and prolific firm, Morris Adjmi Architects.- The two meet in a masterful vision of timeless classic and modern design that is extraordinarily satisfying.

Beyond a bespoke dwelling, the person bold enough to write the next chapter in this significant property's history, obtains a priceless piece of New York City's architectural heritage as well. - In a prime location on West End Avenue & West 82nd Street, this landmarked building has been meticulously researched to restore McKim, Mead & White's original vision for its exterior and offers every possible modern luxury: multiple bedrooms with ensuite baths + powder rooms, an endless swimming pool, theatre, library, stone fireplaces, game room, roof deck, and garden. The site can be built up to an estimated 8,500 SF maximum.

It is within walking distance to both Riverside and Central Parks. - The property is offered "as is", delivered completely vacant, with first phase design plans for redevelopment. It was damaged by a fire in late 2013, but the existing structure is quite salvageable.

The property lies within the Riverside-West End Historic District and is zoned R-10A. The extra-wide lot measures 24' x 100', and the existing 5 story building is 24' x 70' and 7200 SF. Plans are subject to the approval of the NYC LPC & DOB.

Next phase design and construction are required at additional cost. SELLER FINANCING AVAILABLE.

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Building Amenities

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Pricing History

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Area info for 471 West End Avenue

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Subways

  1. 1
at Broadway 0.19 miles
150 Rivington Street
Between Suffolk Street & Clinton Street
Lower East Side
Smart 2- and 3-bedroom condos on the Lower East Side
Learn More
150 Rivington - Skyline View from Terrace Rendering 150 Rivington - Terrace View Rendering 150 Rivington - Unit Living Room Rendering 150 Rivington - Unit Kitchen Rendering 150 Rivington - Unit Bath Room Rendering
Listing provided courtesy of The Corcoran Group