Total Est. Monthly Carrying Cost:
$54,453 ($7.46/ft2)
Note: the above is based on a down payment of 20% ($2,040,000),
which is the minimum amount permitted by the building.
Description
RARE OPPORTUNITY to acquire a spectacular and exceptional 20’ wide neo-Renaissance town house designed in 1895 by Alexander M. Welch. 11 East 76th Street is one of 6 houses in a row designed by Welch which amazingly still all retain their original appearance. Indeed, the entire block has changed very little in the last 100 years which is why it is one of the most sought-after blocks off Fifth Avenue.
The 6-story house plus full basement offers soaring ceiling heights, magnificent fireplaces, and some of the Gilded Ages’ original architectural details. Currently the house is divided into a Parlor garden duplex, two generous floor-through apartments and a unique penthouse duplex with a roof terrace. Convert this landmark back to a single-family house with 14 rooms, 5 bedrooms, 7 bathrooms, two powder rooms, ten working fireplaces and an elevator to all 7 levels with your own choice of brand-new finishes throughout.
The house will be delivered vacant. World-class destinations are just moments away, including the city’s finest restaurants, shops, boutiques, galleries, The Metropolitan Museum of Art and other museums along Museum Mile.
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