116 West 81st StreetUpper West Side, NYC / $4,450,000
Sunday, July 21, 2019, 2:00 - 4:00
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Enjoy grand townhouse living, generate income and own a piece of history in this prime Upper West Side location! Bring your architect to create and customize the owner's unit, reimagining it as an ideal blend of contemporary style and Old World charm, with potential for up to 4 bedrooms and 3 bathrooms. (Please note that photos have been virtually staged.) The GARDEN LEVEL, with separate entrance under the stoop, is currently configured as a large master suite with a front sitting room/library, a full en suite bathroom and a bonus rear extension room leading to the south-facing garden. This level is easily convertible to 2 or 3 bedrooms with 2 full bathrooms. The PARLOR FLOOR is currently configured as a large open living/dining space with separate kitchen, den/2nd bedroom and powder room. Access to the CELLAR below provides storage with an opportunity for expanded recreational space.
The upper floors contain 5 rent-stabilized apartments. Apartment 2 on the 3RD FLOOR is a floor-through convertible 2BR. Apartments 3 & 4 on the 4TH FLOOR are front and rear studios. The 5TH FLOOR also offers front and rear studios, Apartments 5 & 6. All are individually metered for electricity.
This handsome brownstone was built in 1886 as part of a row of four contiguous residences at 116 through 122 by Samuel Colcord, a prominent builder who left the ministry after a doctor advised him to take up an outdoor occupation. Known as Lucky Sam, Colcord also became a well-known peace advocate after World War I. His architect, Henry L. Harris, purposely designed a pleasingly eclectic mix of architectural styles on the block. This house itself features elements of both Queen Anne and Romanesque Revival styles. Details include original doors; wainscot paneling, pier mirror and stairwell railings in the vestibule; and 9 fireplaces. Other features include high ceilings and fantastic light as this south-facing lot sits on a high block.
Appraised for over $6 million, yet priced to sell at less than $900 per square foot, this property represents a great value and opportunity for a home and/or multi-family investment. Live near restaurants, shopping, transportation, iconic recreational and cultural attractions, including Central Park and the American Museum of Natural History, and all the Upper West Side has to offer!
Block & Lot: 01211-0041
Lot Dimensions: 18' x 102.17'
Built Dimensions: 18' x 55' + 13.5' Extension (on 3 levels)
Stories: 5 + Cellar
Built SF (GROSS): Approx. 5,355 SF (above grade) + 1,125 SF (below grade)
Additional FAR: Approx. 2,000 SF
# Units: 6
Zoning: R8B / FAR 4
Web #: 19272215
Location: Upper West Side, NYC
Real Estate Tax: $60,144.72
Mortgage Calculator Property Type: Townhouse
9 Deco. Fireplace
Central Air Basement