Total Est. Monthly Carrying Cost:
$53,781 ($4.89/ft2)
Note: the above is based on a down payment of 20% ($2,025,000),
which is the minimum amount permitted by the building.
Description
A magnificent, grand carriage house located on an iconic tree lined block, 163 East 69th Street presents a rare opportunity to create a spectacular residence. Formerly known as ‘Stable Row,’ this remarkable Upper East Side stretch between Lexington and Third Avenues is renowned for its carriage houses of varying architectural styles, all featuring traditional arched entryways to accommodate horses and the carriages they pulled. A unique offering, this Neo-Georgian townhouse was designed by Albro & Lindeberg and built in 1909 as a single-family home.
This incredible carte-blanche opportunity is delivered with complete plans by renowned architect J.L. Ramirez P.C. and award-winning design by Lázaro Rosa-Violán Studio. Only the most discerning buyer will see the endless possibilities this opportunity affords.
This home’s beauty lies in its proportions: consisting of four stories, this 25-foot wide home spans 11,000 square feet, including approximately 2,000 square feet of air rights.
Huge windows at the front and rear of the home allow for natural, day-long sunlight. The address also contains a legal, grandfathered curb cut in front which allows for the addition of a private, indoor garage.
Current plans grant the optionality to feature luxuries including an entire floor containing a gym with a sauna, movie theater, art studio, game room or home office and ample storage.
The first floor and parlor level are joined by a formal staircase, as well as a rear service staircase, facilitating food and beverage service from the massive kitchen up to the majestic dining room that opens to a terrace overlooking the garden. The top three floors could house the private quarters, including an entire floor for the primary suite, complete with dressing rooms, a spa-worthy ensuite bathroom and a private sitting room. Alternatively, one can bring his or her own architect and reimagine the space entirely.
The north- and south-facing roof top awaits conversion to a fabulous landscaped outdoor deck.
163 East 69th Street is located on one of the most coveted blocks of the Upper East Side, close to Central Park and surrounded by outstanding shops, restaurants, schools and transportation. The quiet, tree-lined street features some of the best carriage house homes in New York City, whose residents have included artist Mark Rothko and art dealer Larry Gagosian.
Photos include renderings.
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