Ever since lockdown closed the doors of New York City offices and hybrid work environments led to employees returning in trickles instead of droves, there have been rumblings about converting the empty buildings into much-needed housing. However, this has been taking shape on a smaller scale for many years: Sometimes when a medical or professional space in a residential building (usually a cooperative) comes on the market, it is listed with the option to convert to residential use. The space must have the legally required means of egress, and all rooms must be lit and ventilated in accordance with the requirements set by the New York City Building Code. Putting all legalities aside, the bathrooms and kitchens in professional settings are likely not up to the quality that a homeowner would prefer and will have to be replaced.
This can be an onerous process, but one great advantage is that such units are often priced to sell and located in buildings where a traditional residential unit might be out of reach. From May 3-9, 2023, a total of 393 sales units throughout New York City experienced price reductions; among them were professional spaces that can be converted to residential.
This can be an onerous process, but one great advantage is that such units are often priced to sell and located in buildings where a traditional residential unit might be out of reach. From May 3-9, 2023, a total of 393 sales units throughout New York City experienced price reductions; among them were professional spaces that can be converted to residential.
In this article:
From the Listing: This cavernous, sun splashed three-bedroom, three-bath apartment exemplifies Manhattan living at its best. From the moment you enter from your semi-private entrance, shared with only one other apartment on the floor, you enter a gracious entry gallery which transitions into the oversized living room. A large private terrace is assessed directly through the living room which offers you the opportunity to enjoy fresh air and the open views. Two bedrooms offer in-suite baths, while the third bedroom is currently configured as a library with pocket doors. The large eat-in kitchen has all major appliances and offers abundant storage. See floor plan and full details here.
From the Listing: This second-floor unit at 31 East 72nd Street has a great deal of potential, either as a commercial, residential space or both (live-work), and its spacious layout leaves room for plenty of creativity. The new owner of this Upper East Side home will be invited to do a completely different kind of exploration The super unique, grand, lofty space is accessible from both an elegant private entrance from the street or could be through the lobby of the full service cooperative. In addition the spaces features, exquisite wooden work and ceiling moldings, about 4,500 square feet with oversized windows that provide lovely tree-line views of 72nd Street. Bring your architect to this landmark building designed by W.L. Rouse and L.A. Goldstone! See floor plan and full details here.
From the Listing: This spectacular prewar apartment has 55 feet fronting Central Park and features soaring 10’6" foot ceilings, original herringbone flooring, and impressive original plaster moldings throughout. Sunlight streams in through 27 oversized windows spanning all four exposures. The impressive northwest corner 33’ x 18’6" living room has a wood-burning fireplace and charming views of the sailboats in the Central Park Conservatory pond. Also located off the gallery and living room is the wood-paneled north-facing library complete with a wood-burning fireplace and custom built-ins. The grand formal dining room is ideally located off both the living room and gallery for seamless entertaining; this room enjoys three exposures - south, east, and west capturing the Central Park South skyline, townhouse views and direct Park exposure. See floor plan and full details here.
From the Listing: From this penthouse you can watch the sunrise from the wide planted terrace to the east at the beginning of the day and then see it set at the end of the day at the west side of the terrace. The living room has a wood burning fireplace and floor to ceiling sliding doors enabling easy access for indoor/outdoor living. The open formal dining room also has views of the East River. The renovated kitchen is enhanced by a beautiful eating area with a glass solarium and doors to the west section of the terrace. The lower level has a primary bedroom suite spanning 33 feet which includes a wood-burning fireplace, a breakfast bar, a large dressing room, and a spacious well designed bathroom. See floor plan and full details here.
From the Listing: Priced to sell! Rarely available grand classic 7 room apartment, with living room, dining room, primary bedroom and second bedroom, 8 windows, all facing West over the Hudson River. Spectacular sunsets await you in this elegant prewar apartment with all details intact: hardwood floors, high beamed ceilings, solid doors and bathrooms lined with marble imported from Italy. Beautifully situated on Riverside Drive between West 77th and West 78th Street, the apartment is directly across from Riverside Park and the 79th Street Boat Basin. See floor plan and full details here.
From the Listing: Rare opportunity for a 2 full bedroom (or convertible 3) and 2 bathrooms in upscale prewar building in the heart of the Upper West Side. The unit is currently being used as a professional space for 3 individual offices with 2 half baths. Minimal work is required to convert to spacious multi bedroom residence. With its larger room proportions and higher ceiling height, this unit allows for a seamless conversion to a private residence. Architectural consult upon request. See floor plan and full details here.
From the Listing: Here is a big wraparound terrace connected to a great studio! The interior is an approximately 525-square-foot studio with electric window shades on all windows, a quality built-in ’Resource’ wall-bed in the alcove; a spacious living room/dining area; hardwood floors, wall of windows with skyline views, custom built-ins, 3 ample storage closets, including a large walk-in closet, a windowed bathroom, and a galley kitchen. The terrace has mesmerizing open south and west skyline views. See floor plan and full details here.
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From the Listing: The location of this house within The St. Marks Place Historic District cannot be more picturesque than where Stuyvesant Street meets East 10th Street. A wonderful and elegant home is approximately 5,500’ - 24.5’ wide with generously scaled rooms with beautiful proportions. It also has 8 fireplaces (non-working). The large scale of the house allows for extremely gracious living with 5 bedrooms and 4 and a half bathrooms plus a formal dining room
and a great artist's studio that is 23’ x 28’ with skylight and soaring 12.5’ ceilings. A lovingly landscaped garden is here too. See floor plan and full details here.
From the Listing: Designed by renowned architect Alvaro Siza with interiors by Gabellini Sheppard, Residence 10 is a sweeping 3,289-square-foot full-floor home boasting north, south, west and east exposures with four bedrooms, four and a half bathrooms, and exclusive direct elevator-to-residence access. Elegantly appointed modern finishes and wide-plank oak floors embrace a neutral color palette and the oversized windows provide ample sunlight. The kitchen features top-of-the-line stainless steel Gaggenau appliances including refrigerator and freezer, gas range, dishwasher and speed oven, which complement Italian walnut cabinetry, honed Grigio Nicola marble countertops, and slab backsplash plus an island with a striking waterfall edge. See floor plan and full details here.
From the Listing: This rare and expansive 3,400-square-foot condominium offers panoramic wraparound views of Central Park, the Hudson River, and the iconic New York City skyline from every room. Enter the breathtaking grand room, boasting picturesque windows to the east and south, where the magnificent views of Central Park stretch all the way to the East River and beyond. Savor the downtown vistas while cooking or dining, as the substantial dining area with floor-to-ceiling windows is conveniently adjacent to the large kitchen with an open counter for easy serving. Retreat to the private quarters via a wide hallway leading to the king-sized corner primary bedroom, featuring soaring ceilings, endless Hudson River and downtown views, and a luxurious bathroom with downtown panoramas, excellent storage, a double sink, and a bidet. See floor plan and full details here.
From the Listing: Surround yourself with all-new designer luxury in this spacious, sun-splashed one-bedroom, one-bathroom condominium in Midtown’s desirable Turtle Bay neighborhood. Ceilings rise 9.5 feet high over stunning wide-plank and stone tile floors, while walls of eastern windows capture treetop outlooks. The chic open kitchen wows with custom cabinetry and elite stainless steel appliances, including a Liebherr refrigerator, a dishwasher, and a Bosch cooktop and oven. In the king-size bedroom, you’ll find a roomy reach-in closet and wide-open vistas. The adjacent bathroom features a glassed-in tub/rain shower, a floating vanity and a medicine cabinet surrounded by large-format tile. See floor plan and full details here.
From the Listing: This charming raised first-floor apartment perfectly balances urban living and a peaceful retreat with its private deck and low maintenance. Upon entering the apartment, you will find the bedroom and bathroom to your left, providing privacy from the living area. As you continue down the foyer, it opens to the inviting living room, perfect for entertaining and relaxing. The living room seamlessly extends to the private deck, creating a tranquil outdoor oasis away from the bustling city streets. Every room in the apartment, including the kitchen and bathroom, has windows overlooking the quiet and private area in the back. See floor plan and full details here.
From the Listing: With 2,018 square feet sitting on the 10th floor of this luxury Park Avenue building 1049 Park Avenue #10A offers a rare opportunity to own an incredible home in one of the most pristine locations in all of Manhattan. The home features 3 large bedrooms and can easily be converted into a 4-bedroom home. There is bar area off the great room and powder room perfect for hosting events and enjoying everyday living/entertaining The massive eat-in kitchen is large enough for a top chef. The home also features a wood-burning fireplace, in-unit washer/dryer and an abundance of closet space throughout. There is a private wing for the three large bedrooms. See floor plan and full details here.
From the Listing: The breathtaking views alone will make you fall in love with this exceptional 3-bedroom, 3.5-bathroom penthouse duplex, perched high on the 76th floor of the luxurious Metropolitan Tower condominium in Midtown. A huge corner living room with rich hardwood floors and floor-to-ceiling glass showcases stretching open vistas and affords a perfect place to relax and entertain. An elegant corner dining room is equally gracious for hosting large dinner parties, with meals prepared in the spacious cook’s kitchen featuring wood cabinetry and stainless steel appliances. Bedrooms are generously sized with big windows and excellent closets. Plus there’s a wine room for enjoying favorite vintages, and a spacious media room with striking views and built-in bookshelves for lounging and watching movies. See floor plan and full details here.
From the Listing: The fully renovated 2-bedroom residence with dining alcove you’ve been waiting for in the renowned Southbridge Towers is now the market! Facing the quiet private courtyard of the community with plenty of natural light and a flexible layout that can easily be converted to 3 bedrooms, you’ve finally found your forever home. The kitchen and bathroom are brand new, finished with luxury materials, stone and marble tile/backsplash and new stainless steel appliances. Maintenance includes your property taxes AND utilities (heat, hot water, gas and electricity). See floor plan and full details here.
From the Listing: Bright, sunny, northwest exposures from spacious living room and second bedroom. Breathtaking, sweeping views overlooking Lincoln Center and Hudson River in the distance! North views (including a large expanse of Central Park) from large dining area, windowed eat-in kitchen, and primary bedroom. Abundant closets throughout. Pantry off of the kitchen! Walk-in closets in both the primary and secondary bedroom. Great bones - bring your architect and your designer to this diamond in the rough! See floor plan and full details here.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?