Total Est. Monthly Carrying Cost:
$23,106 ($5.78/ft2)
Note: the above is based on a down payment of 20% ($870,000),
which is the minimum amount permitted by the building.
Description
149 West 87th Street is a classic townhouse designed by the architect Increase M. Grenell in Neo-Grec and Renaissance Revival styles in 1887. This 4-unit, 4,000 s.f. home features a beautiful owner’s duplex, three income producing rental units, high ceilings, abundant light and air, and original details. Given the free market status of the units and the vacant owner’s unit, there is flexibility to create a triplex with one unit above, or convert to a luxurious single-family home.
One of the features most unique and appealing to this townhome is its 80’ of depth on the first two floors, as a result of the 32’-deep extension, adding incomparable space to the owner’s unit, as well as creating an oversized terrace on the third floor.
The renovated owner’s duplex consists of three bedrooms (the one on the first floor is now used as an office), a south-facing living room with (non-working) fireplace on the second floor, an unusually large kitchen (9’ x 32’) with side-by-side washer and dryer on the first floor, and two bathrooms, as well as a quiet, planted backyard, one step out of the kitchen, ideal for grilling all year round and for entertaining. The 48’-deep basement is private to the owner’s unit, with three clean rooms used for utilities, bikes, storage, and workspace.
The third floor is comprised of two sizable and well-maintained studio apartments, the rear of which contains the sunny, landscaped, over 30’-deep terrace overlooking beautiful townhouse gardens. Ceiling heights on this floor are 11’-high, creating bright and airy space in each of the studio apartments.
The fourth floor is a two-bedroom floor-through with updated kitchen and bath.
149 West 87th Street is located on a picturesque, tree-lined, townhouse block in the West 80s, in close proximity to Central Park, the Museum of Natural History, some of the most premier schools in the City, as well as endless dining and retail options in the heart of the Upper West Side.
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