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Income Property for Sale with Roof G... | Manhattan NY | 4896331544

This listing was posted on American Listed.

$65,000,000

Income Property for Sale with Roof G...

Price:
$65,000,000
Location:
Manhattan, NY
Description:

INCOME PROPERTY FOR SALE WITH ROOF GARDEN- UPPER EAST SIDE NYCLocation: UPPER EAST SIDEThe offering comprises ten (10) individual apartments that constitute the entire share-holding of the East Side Park Avenue at Park Avenue.One of the few remaining mansions on Park Avenue, this Jacobean style masterpiece designed by John Russell Pope in 1912 for the composer Reginald De Koven, was originally a 5 level home which has been split into the ten (10) separate residential co-operative units on offer, totaling slightly under 19,000 square ft.Exhibiting a 59ft wide by 67 feet deep building and currently sitting on a 60 feet by 107.75 ft lot, the property proportions are amongst the grandest of any mansion on the serene Upper East Side, all while being optimally located on 1 of the World's most prestigious residential Avenue's.Unique elements and detail of the original structure such as the limestone facade with its carved stone lions, the State of the art Greek portico entrance, as well as distinct hexagonal and windowed bays that maximize the western light and exposure onto Park Avenue, can all be attributed to the architectural pedigree, quality craftsmanship and meticulous upkeep of the structure.Original interior features and finishes in terrific condition, such as wood floor and paneling, moldings, stained glass windows, gilt work as well as 14 ft ceilings on the 1st floor and 19ft on the 2nd, provide quality and irreplaceable signature elements which can be incorporated by a contemporary architect adapting the ultimate in today's luxury with the best history has to offer.Spectacular panoramic views of Park Avenue from the top of the building afford the potential to add to the already extraordinary roof top garden and outdoor area, in addition to the huge existing garden (41 by 60ft).Purchased by a syndicate of investors in 1945, the splendid mansion was converted into the ten (10) apartment, multifamily house that is still found today. As part of this separation, the grandiose ballroom on the 2nd floor, with measurements nearing 60ft long by 27ft wide and incorporating the double height ceiling of the 3rd floor (buffered by a baronial fireplace), was split into four separate apartments and 2 separate floors. Still large rooms by any standard, apartments 2A, 2B, 2C and 2D presented in this offering, account for this separation and continue to maximize the exquisite proportions that graced the original mansion home. The other rooms were sensitively reworked to form modest simplex and duplex apartments that retain significant character and by 1959, the building was turned into a co-operative. Some of these units still constitute a profitable and flexible income generating packageof shares.The architect of the property was John Russell Pope who during the almost 40yrs of his professional career designed a multitude of prestigious buildings and structures in a wide variety and style, including: The Jefferson Memorial, The National Archives Building, The National Carousel of Art, as well as the layouts for Yale, Dartmouth and Johns Hopkins University.The opportunity to own a property as magnificent as this property is almost as rare as the property itself. Ready to be customized by the architect or designer of your choice, this significant address offers unparalleled excellence in every way, shape and form.Brochure available on request.DetailsContact infoImane Saidani(212) 470 XXXXMetro Plus Realty LLCContact Reply FormForward to a FriendView Other FlyersPricingPrice: $65,000,000Property LocationPARK AVENUENEW YORK, NY 10028View MapFeaturesBedrooms: 0 Baths: 0yr Built: 1912School District: Regis High School . The Dalton School . The Spence School . Loyola School . Marymount School of New York . Convent of the Sacred HeartAgent Name: Imane SaidaniBroker: Metro Plus Realty LLCYEAR ASSESSED: 2015-2016TOTAL ASSESSED VALUE: $1,548,225REAL ESTATE TAXES: $184,282 [Per Annum]ZONING: R10BUILT SIZE: 59' x 67'Gross SF/SM: 18,741/1,738LOT SIZE: 60' x 107'9"BUILDING AMENITIES: GARDEN . TERRACE . ELEVATOR . BACKYARD . BALCONY . ROOFTOP DECK . GARDEN . LAUNDRY AREABUILDING TYPE: PRE WAR - TOWNHOUSEFLOORS: 5APARTMENTS: 10Image galleryView as SlideshowView Image gallery (22 Pictures)Powered by vFlyer.comEQUAL OPPORTUNITY OPPORTUNITYVFLYER ID: 308402004
Property Type:
Condos, Townhouses & Apts for Sale
Amenities:
Elevator, Fireplace, Patio/Deck, Wood Floors
For sale by:
Agent/Broker
May 13 2018 on American Listed
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