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4 East 77th Street

Listing no longer available on CityRealty as of Mar 28, 2024

Pricing History

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Townhouse Facts

  • Minimum Down: 20%
    Listed: Mar 28, 2024
    Days on Market: 0
    Building Type: Townhouse
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Listing viewed 205 times
Monthly Real Estate Taxes: $16,585
Total Taxes & Fees: $16,585 ($1.46/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $101,572 ($8.91/ft2)
Note: the above is based on a down payment of 20% ($3,200,000), which is the minimum amount permitted by the building.

Description

4 East 77th Street is a 11,395 square foot (including the full-height cellar) neo-Renaissance mansion with a stunning, original, marble facade, steeped in history and provenance as it was once the epicenter of the world’s most notable 20th-century artists, including Andy Warhol, Roy Lichtenstein and Cy Twombly. 4 East 77th Street is positioned to become a single family residence or income-producing. The first two floors are presently occupied by the Michael Werner Gallery* while the top three floors include four apartments, plus there is a full-height cellar; the possibilities are endless.*(Gallery is a market-rent tenant. Tenant will vacate 9 months after closing at owner’s option) Originally constructed as a single family residence in 1895.

The building, 25’ wide x 97’ deep, built nearly full, a grandfathered detail. In addition, due to the setback of the adjacent building, 956 Fifth Avenue, there are west-facing windows in addition to the east-facing exposures due to the full depth. The gorgeous sculptural stairs go to the roof which has not yet been developed. An elevator services all floors, including the cellar, with the exception of the roof. The townhouse has been owned by Maurice Kanbar, a prolific inventor, entrepreneur, and philanthropist since 1964. While living at 77th Street, Mr. Kanbar invented Skyy Vodka, among many other inventions. A tremendous opportunity awaits with a myriad of options for this historic property.

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Building Amenities

  • Pre War