Property TypeBuilding Sale
Property Sub TypeTownhouse
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.
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).
Property Sub Type
321 E 84TH ST House
Unit Washer Dryer
Washer Dryer Allowed