Great Opportunity for a 1031 Exchange with a 1 year 3% cap rate. This beautifully crafted federal style single family red brick home has undergone a complete renovation. The rare and outstanding features of this superb and extraordinary light filled home includes an expansive design which offers two levels of gardens and lofty indoor/outdoor entertaining space while accommodating generously sized bedrooms. Boasting over 6300sf, the house offers 5 bedrooms + staff room/7 full & 2 half bath, hydraulic elevator, soaring ceilings, masterfully handcrafted box staircase filtering natural light to the core of the house, a glass curtain wall, video security system, central air/heat and wired for audio are just a few features that make this house a dream home. The lofty public/entertaining spaces of living and dining room along with the sitting room are situated on the Parlor level. The family room and chef?s kitchen overlooks the verdant garden. An additional theater/gym/mediation room overlooking the Japanese rock garden is situated in the cellar. The highly unique hallmarks of this home with its box staircase culminates on the top floor with a beautiful skylight that illuminates the interior of the home. Along with five bedrooms, the residence features seven full and two half-baths, 2 gas fireplaces and an elevator servicing all floors. 51 West 83rd Street and its neighbor 49 and 53 West 83rd Street were originally built in 1870 by John Carlin as three story row houses with raised basements designed in the Italianate style of architecture. Recently commissioned and designed by Ogawa/DePardon Architects this home sits in the Upper West Side/Central Park West Historic District. Please give us 24hrs to schedule appointments. All showings by appointment only. Tenant in place until Oct 2022. Virtually staged.