Note: the above is based on a down payment of 20% ($840,000),
which is the minimum amount permitted by the building.
Description
A rare and exceptional offering of a sexy townhouse with two levels of gorgeous residential living space and fabulous outdoor space, above two levels of an independently accessed income-producing fair-market professional space below. Ideal for those who seek the splendor and freedom of townhouse living while retaining the financial benefits or personal convenience of substantial office space below, 364 East 69th Street is a move-in ready, beautifully appointed nearly 4,000-square-foot gem on a gorgeous tree-lined block in tranquil Lenox Hill. For less than the cost of a comparably spaced apartment, you can own your own private home with grand outdoor space, plus the ability to offset costs by generating income or for your own professional needs and never commute to work again!
Ascend an elegant yet contemporary curved iron staircase to enter the glamorous private residence. Massive floor-to-ceiling picture windows draw in warm northern light, exaggerating the stately Prewar soaring ceilings and elegant crown molding overhead and accentuating the custom millwork and built-ins found throughout the entirety of the home. Upon entry, a large dining room is adorned with the first wood-burning fireplace complementing the residence, beside which a serving window provides easy access to a central kitchen that is easily closed off behind a pair of panel doors when hosting.
Facing South, a large square living room is bathed in sunlight and home to a handsome second fireplace with dramatic black stone mantle.
Ideal for entertaining or lounging indoors and out, an elaborate wet bar with wine fridge sits opposite a pair of regal French doors which lead to a sprawling terrace outside. The terrace has been constructed on top of the commercial space below, creating a raised above-ground, South-facing sunny terraced oasis stretching nearly 29 feet deep and 17 feet across.
Upstairs is a sumptuous primary suite, second bedroom, additional flex room currently in use as a nursery as well as two full bathrooms and a laundry closet. The primary suite is massive, occupying half the floor, with an en-suite bathroom, dressing area and a wall of picture windows along a beautiful planting terrace, pouring out over the trees on East 69th Street.
With its own separate entrance off the street-level gated patio is a ground floor and basement level professional space comprised of 9 private offices/conference rooms, a formal reception and a powder room on each floor.
The space which is currently vacant can be rented as individual single-room offices or as a whole, already suitable for medical office space with some rooms already configured as exam rooms, perfectly complementing the many medical facilities nearby.
As if the property’s current configuration didn’t provide opportunity enough, one can also incorporate the lower two levels into the above existing residential space to create a fully residential four-floor townhouse, with the ability to tap into an additional 3,600 SF of unused FAR, and add an elevator.
Originally built in 1899, 364 East 69th Street is a truly superb, practical and flexible property in one of the most vibrant parts of the Upper East Side. The 17 foot-wide house is surrounded by an array of fantastic restaurants and shopping experiences as well as marvelous public transportation options including the new Second Avenue subway and M15 bus line both around the corner and the 6 train just 2.5 blocks away.
Also in the neighborhood are the Hospital for Special Surgery, Memorial Sloan Kettering, New York-Presbyterian/Weil Cornell Medical Center, the Lycee Francais de New York and the many illustrious public and private schools of Manhattan’s coveted Upper East Side.
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