321 East 84th Street

Upper East Side   |   Second Avenue & First Avenue

Building For Sale
$ 7,750,000
Ownership Multi-Family
Lot Size 20'x102'
Floors/Apts 5/4
Status Active
Real Estate Taxes [Per Annum] $ 67,253
Building Type Townhouse
Building Size 20'x77'
Year Built 1940
ASF/ASM 7,400/687
Financing Allowed 75%
Listing ID: 58947TH

Property Description

TREMENDOUS OPPORTUNITY AND UPSIDE ON EAST 84th STREET: BEING SOLD AT UNDER $1,000 PSF Expansive 7,400 square foot Five-story multi unit cooperative townhouse for sale which will be delivered vacant with all 100% of the shares of the corporation being delivered to the purchaser upon sale. The building at 321 East 84th Street, which sits mid-block between 2nd and 1st Avenues is a 20.5' wide, redone and upgraded townhouse which underwent a gut rehabilitation 10+ years ago with all new HVAC, mechanical and boiler systems.. The owner renovated the property with meticulous precision, down to the detailed finishes and fixtures. While the original offering plan is for 7 units, it has been renovated into 5 apartments consisting of an owner's 3,300 square foot 2 bedroom lower duplex, a large 725 square foot studio/1BR, 2 large 775 square foot one-bedrooms and a 2,225 square foot 3 bedroom/3 bath upper floor and a half duplex apartment. An elevator services the ground to the 4th floor with the ability to extend the shaft to the 5th floor. Opportunity exists to keep the layout as it is currently or reconfigure to add additional rental options. LAYOUT: The lower duplex (Apartment 1) : This roughly 3,300 square foot owner's duplex unit can be accessed either through the front of the building down a set of stairs or through the main stooped entrance to the right of the building. The lower level has a grand and very gracious front parlor, an elegant powder room with onyx floors and mother of pearl custom done walls, a large laundry room, a custom center kitchen, a deeply built open living room with a gas fireplace, and a dining room in the rear glass enclosed solarium which has radiant heated floors. Lovely 500 square ft garden off of the dining area. Large storage closet on this floor. There is an interior staircase to the second floor of the duplex which contains the master bedroom, bath and dressing room in the rear with a lovely outdoor patio and gas fireplace . The front contains a second bedroom with an en suite bathroom. 2R-Third floor Rear: Office/one bedroom with exposed brick and side lot windows. Woodburning fireplace. 2F-Front one bedroom which was converted to a studio with floor to ceiling windows, abundant light, and juliet balconies. Woodburning fireplace. 3R-Forth floor rear one bedroom apartment with exposed brick walls, side lot windows, woodburning fireplace. Stainless steel appliances and granite countertops. Upper Duplex-(3F,4F & 4R combined)- Forth floor front and full fifth floor duplex unit: Beautifully renovated and sunny 2,225 square foot 3 bedroom 3 bath duplex apartment with a custom kitchen containing a viking stove, sub-zero refrigerator, and a miele dishwasher, a gas fireplace, and a stainless steel and glass staircase that leads you up to the second level of the duplex, containing 3 bedrooms, 2 full baths, a den, skylights, abundant closet space, washer/dryer Some additional features include a building wide security system with camera's and DVR's at all points of entry, a powered security gate, a sprinkler system in the stairwell, concealed surround sound speakers and a professional air cleaner hidden in the ceiling, new windows and floors. Additional FAR is intact for another floor. This is an ideal opportunity for a purchaser to live with hi income, rent the entire building out, convert to condos or eventually convert into a single family home. Building Size: 20.5' x 102.17 (Built 77' on ground, 65' on floors above). RET: $67,253
TREMENDOUS OPPORTUNITY AND UPSIDE ON EAST 84th STREET: BEING SOLD AT UNDER $1,000 PSF Expansive 7,400 square foot Five-story multi unit cooperative townhouse for sale which will be delivered vacant with all 100% of the shares of the corporation being delivered to the purchaser upon sale. The building at 321 East 84th Street, which sits mid-block between 2nd and 1st Avenues is a 20.5' wide, redone and upgraded townhouse which underwent a gut rehabilitation 10+ years ago with all new HVAC, mechanical and boiler systems.. The owner renovated the property with meticulous precision, down to the detailed finishes and fixtures. While the original offering plan is for 7 units, it has been renovated into 5 apartments consisting of an owner's 3,300 square foot 2 bedroom lower duplex, a large 725 square foot studio/1BR, 2 large 775 square foot one-bedrooms and a 2,225 square foot 3 bedroom/3 bath upper floor and a half duplex apartment. An elevator services the ground to the 4th floor with the ability to extend the shaft to the 5th floor. Opportunity exists to keep the layout as it is currently or reconfigure to add additional rental options. LAYOUT: The lower duplex (Apartment 1) : This roughly 3,300 square foot owner's duplex unit can be accessed either through the front of the building down a set of stairs or through the main stooped entrance to the right of the building. The lower level has a grand and very gracious front parlor, an elegant powder room with onyx floors and mother of pearl custom done walls, a large laundry room, a custom center kitchen, a deeply built open living room with a gas fireplace, and a dining room in the rear glass enclosed solarium which has radiant heated floors. Lovely 500 square ft garden off of the dining area. Large storage closet on this floor. There is an interior staircase to the second floor of the duplex which contains the master bedroom, bath and dressing room in the rear with a lovely outdoor patio and gas fireplace . The front contains a second bedroom with an en suite bathroom. 2R-Third floor Rear: Office/one bedroom with exposed brick and side lot windows. Woodburning fireplace. 2F-Front one bedroom which was converted to a studio with floor to ceiling windows, abundant light, and juliet balconies. Woodburning fireplace. 3R-Forth floor rear one bedroom apartment with exposed brick walls, side lot windows, woodburning fireplace. Stainless steel appliances and granite countertops. Upper Duplex-(3F,4F & 4R combined)- Forth floor front and full fifth floor duplex unit: Beautifully renovated and sunny 2,225 square foot 3 bedroom 3 bath duplex apartment with a custom kitchen containing a viking stove, sub-zero refrigerator, and a miele dishwasher, a gas fireplace, and a stainless steel and glass staircase that leads you up to the second level of the duplex, containing 3 bedrooms, 2 full baths, a den, skylights, abundant closet space, washer/dryer Some additional features include a building wide security system with camera's and DVR's at all points of entry, a powered security gate, a sprinkler system in the stairwell, concealed surround sound speakers and a professional air cleaner hidden in the ceiling, new windows and floors. Additional FAR is intact for another floor. This is an ideal opportunity for a purchaser to live with hi income, rent the entire building out, convert to condos or eventually convert into a single family home. Building Size: 20.5' x 102.17 (Built 77' on ground, 65' on floors above). RET: $67,253

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C

Outdoor

Private Garden
321 East 84th Street Upper East Side New York NY 10028

Building Details [321 East 84th Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Elevator
Block/Lot 1547/11
Building Size 20'x77'
Zoning R8B
Building Type Townhouse
Year Built 1940
Floors/Apts 5/4
Lot Size 20'x102'

Building Amenities

Alarm System
Gated Entry
Laundry Rooms
Second Entry
Single Room Occupancy
Sprinkler System
Stoop Entry

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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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.