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In Contract

The Studio Building, 131 East 66th Street, #89EF

$2,250,000 ($471 per ft2) | 4 beds, 3.5 baths | Approx. 4,780 ft2
Building Profile  | 
169 days on Market

Key Details

  • Listed: Jun 7, 2024
    Days on Market: 169
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Listing viewed 238 times
Monthly Maintenance: $17,625 ($3.69/ft2)
Est. Monthly Mortgage: $7,507
Total Est. Monthly Carrying Cost: $25,132 ($5.26/ft2)
Note: the above is based on a down payment of 50% ($1,125,000), which is the minimum amount permitted by the building.

Insider Highlights

  • High Ceilings and White-Box Format: The apartment boasts high ceilings, reaching up to 19’8" in the living room. It is currently in a white-box format, ready to be developed into a dream home.
  • Building Amenities and Policies: The building offers 24-hour doormen, live-in resident manager, manned elevators, and a bike room. It is pet-friendly, permits pied-a-terres, and allows 50% financing.
  • Prime Location: The apartment is situated in the desirable Lenox Hill neighborhood, close to Central Park, Madison Avenue shopping, and public transportation. It is also in close proximity to Hunter College and the Park Avenue Armory.
  • Designated NYC Landmark: The building is not only a piece of history, being constructed in 1906, but it is also a Designated NYC Landmark.
  • Additional Features: The apartment comes with storage cages for added convenience. The building is also pet-friendly, making it a perfect choice for pet owners.
  • Historic and Spacious Apartment: This 4,780 square foot apartment is located in a historic Italianate Palazzo style building constructed in 1906. It features 4 bedrooms, 3.5 bathrooms, and unique large windows offering sunny views.

Description

$470/sf – 9 Room in Historic Bldg w/Double Height LR Great opportunity to purchase an impressive 4,780sf* apartment with a truly voluminous living room. Gutted and ready to be developed into a dream apartment, perfect for entertaining and easy city living. Unique and huge windows throughout, offering attractive, sunny views to the south looking over St. Vincent Ferrer. Whether formal or casual, 8EF/9EF has the potential to meet all needs.

The 9-room duplex offers an incredible living room, dining room, and immense south facing kitchen in addition to 4 bedrooms, 3.5 baths and a library-all of remarkable proportions. The Studio Building is a historic Italianate Palazzo style building constructed as a cooperative in 1906. The limestone facade is architecturally distinct, with two entrances surrounded by massive columns. An impressive projecting cornice crowns the building.

The building staff is excellent and includes a live-in resident manager, 24-hour doormen and manned elevators. *Third party FloorPlanSource represents the appx. Interior gross footage to be 4,780sf Currently in white-box format Unit 8F Maintenance: $ 3,666 Unit 8/9E Maintenance: $10,152 Unit 9F Maintenance: $ 3,807 Building: -Built in 1906, 12 Stories tall -Architect: Charles A. Platt -NYC Landmarked Building -24-hour doormen, live-in resident manager -Manned elevator and porters -Bike room -Pet friendly -Pied a terre permitted -50% financing permitted Apartment: -4,780 Square Feet* -$470 PPSF!!! -9 Rooms, 4 Bedrooms, 3.5+ bathrooms -High ceilings: 19’8" in Living Room, 9’6" elsewhere -Sun flooded, south facing -Architectural views of Church -Storage cages conveys -3% flip tax (paid by purchaser) -Maintenance 8/9EF: $17,625/month

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Listing courtesy of Compass

Pricing History

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About The Studio Building, 131 East 66th Street

59

The Studio Building, 131 East 66th Street has received a CityRealty Rating of 59, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

23
Out of 44
+
19
Out of 36
+
17
Out of 39
=
59
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
2 4 out of 5 points
Ceiling:
11-14 Feet 3 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
Some 1 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Pre War
  • Intercom
  • Elevator
  • Landmarked

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Pros
  • Distinguished pre-war building
  • Few and large apartments
  • Very good neighborhood shopping
  • Excellent public transportation
  • Doorman
  • Many living rooms with very high ceilings
  • Close to Subway
Cons
  • No garage
  • No sidewalk landscaping
  • No health club
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Subways

  1. 6
at Lexington Ave 0.11 miles
  1. F
at Lexington Ave and 63rd 0.16 miles
  1. N
  2. Q
  3. R
  4. 4
  5. 5
at 3rd Ave and 60th 0.31 miles

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