Raymond C. Kramer House

32 East 74th Street

Upper East Side   |   Madison Avenue & Park Avenue

Price Drop
Building for sale
$ 14,750,000 [ 7.78% | $ 1,245,000 ]
Ownership Single Family
Lot Size 20'x102'2''
Floors/Apts 5/1
Status Active
Real Estate Taxes [Per Annum] $ 111,300
Building Type Townhouse
Building Size 20'''x57'''
Year Built 1935
ASF/ASM 7,000/650
Listing ID: 25957TH

Property Description

32 East 74th Street. An Icon of Modernist Design and Architectural History. Repriced! Now $15,995,000. Designed by William Lescaze, a pioneer of the European International Style, the Swiss architect helped introduce modernist architecture to America. This iconic modernist residence was completed in 1935 and commissioned by the prominent textile and WWII Distinguished Service Medal recipient Richard Kramer. The current ownership completed a gut renovation of the interiors both mechanically and cosmetically including the installation of an elevator in 2017. This offering presents the unique opportunity to own a one of a kind piece of modernist architectural history on arguably one of the finest Upper East Side locations. Built 20’ X 57’ on a 102’ lot this property is in excess of 7,000 sf. The home has been converted into three duplex rental apartments designed for investment or multi-generational living. Each apartment has brand new kitchens with high-end appliances and some have private outdoor space. Each unit also has its own washer/dryer, central air conditioning, central vacuum, and private keyed elevator access. The home’s original exterior and design have been preserved including Lescaze’s stunning trademark glass brick window wall. There is an expansive use of glass windows on both facades, complemented by plenty of private outdoor space including a lower garden and roof terrace. There is also the opportunity to convert this home back to a stunning single-family modernist townhouse (8 bedrooms+ with Elevator) with many interior and exterior possibilities. The current configuration lends itself well to an owner-user looking for a piece of collectible real estate with the ability to live and work from home, or have a family compound. Showings are by appointment only with 24hrs notice with proper health and safety precautions taken. The house will be delivered vacant and in as is condition.
32 East 74th Street. An Icon of Modernist Design and Architectural History. Repriced! Now $15,995,000. Designed by William Lescaze, a pioneer of the European International Style, the Swiss architect helped introduce modernist architecture to America. This iconic modernist residence was completed in 1935 and commissioned by the prominent textile and WWII Distinguished Service Medal recipient Richard Kramer. The current ownership completed a gut renovation of the interiors both mechanically and cosmetically including the installation of an elevator in 2017. This offering presents the unique opportunity to own a one of a kind piece of modernist architectural history on arguably one of the finest Upper East Side locations. Built 20’ X 57’ on a 102’ lot this property is in excess of 7,000 sf. The home has been converted into three duplex rental apartments designed for investment or multi-generational living. Each apartment has brand new kitchens with high-end appliances and some have private outdoor space. Each unit also has its own washer/dryer, central air conditioning, central vacuum, and private keyed elevator access. The home’s original exterior and design have been preserved including Lescaze’s stunning trademark glass brick window wall. There is an expansive use of glass windows on both facades, complemented by plenty of private outdoor space including a lower garden and roof terrace. There is also the opportunity to convert this home back to a stunning single-family modernist townhouse (8 bedrooms+ with Elevator) with many interior and exterior possibilities. The current configuration lends itself well to an owner-user looking for a piece of collectible real estate with the ability to live and work from home, or have a family compound. Showings are by appointment only with 24hrs notice with proper health and safety precautions taken. The house will be delivered vacant and in as is condition.

Listing Courtesy of Compass

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Apartment Features

A/C

Outdoor

Patio
Private Garden
Terrace
32 East 74th Street Upper East Side New York NY 10021

Building Details [32 East 74th Street]

Ownership Single Family
Service Level Voice Intercom
Access Elevator
Block/Lot 1388/48
Building Size 20'''x57'''
Zoning R8B
Building Type Townhouse
Year Built 1935
Floors/Apts 5/1
Lot Size 20'x102'2''

Building Amenities

Garden
Laundry Rooms
Outdoor Parking
Private Storage
Roof Deck
Second Entry
Single Room Occupancy

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.