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59 East 73rd Street

$9,995,000 ($1,328 per ft2) | 10 beds, 10 baths | Approx. 7,525 ft2
Building Profile  | 
38 days on Market

Key Details

Monthly Real Estate Taxes: $10,393
Total Taxes & Fees: $10,393 ($1.38/ft2)
Est. Monthly Mortgage: $53,037
Total Est. Monthly Carrying Cost: $63,430 ($8.43/ft2)
Note: the above is based on a down payment of 20% ($1,999,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location: Situated in the heart of the Upper East Side, this property is within walking distance to Central Park, renowned galleries, exquisite shopping, and fine dining options. It offers the opportunity to own a distinguished brownstone on one of America’s most desirable streets.
  • History and Designation: This historic property is located within the Upper East Side Historic District and has been designated as a landmark, adding a unique charm and prestige.
  • Spacious and Versatile: The property boasts a large living space of 7,525 square feet and is currently configured as a ten-unit condominium, offering versatility for use and incredible investment potential.
  • Luxurious Amenities: Each apartment within the condominium features renovated granite kitchens, stainless steel appliances, and marble bathrooms with European-style showers. Additionally, each unit has individually controlled heating and air conditioning for maximum comfort.
  • Renovations and Updates: The building underwent a comprehensive renovation in 2007, including plumbing and electrical updates. The facade was restored in 2017, along with roof replacements and skylight updates, ensuring the property is in excellent condition.
  • Outdoor Space and Additional Features: The property offers a private garden/patio and terraces for outdoor enjoyment. Each apartment also comes with a washer/dryer for added convenience.

Description

Discover a rare chance to design your own single-family residence in the heart of the Upper East Side. This classic five-story townhouse, set on a generous 17.6’ × 102.2’ lot, boasts an impressive 7,525 square feet of living space. Built in 1910, this historic gem is just seconds away from Madison and Fifth Avenues, offering both privacy and tranquility while keeping you close to Central Park, renowned galleries, exquisite shopping, and the finest dining options.

Nestled within the Upper East Side Historic District and designated as a landmark, this property is steeped in character and charm. Zoned R8B/R10 & PL (Special Park Improvement District), it permits residential use, providing the perfect canvas for your vision. This five-story townhouse, currently configured as a ten-unit condominium, features two apartments per floor—a front studio and a back one-bedroom. The street-level studio (1F) boasts a private gated entrance from East 73rd Street, while the one-bedroom (1B) offers a charming private garden/patio.

On the parlor floor, a spacious studio (2F) with high ceilings and a one-bedroom (2B) overlooking the serene garden await. The third-floor studio (3F) enjoys tree-lined views, and the one-bedroom (3B) features a private terrace. The fourth floor includes a studio (4F) and one-bedroom (4B), while the fifth floor showcases a sun-drenched studio (5F) and a one-bedroom (5B) with two skylights.

Each apartment is equipped with renovated granite kitchens, stainless steel appliances, marble bathrooms with European-style showers, and individually controlled heating and air conditioning. The building underwent a comprehensive renovation in 2007, including plumbing and electrical updates, as well as elegant new marble flooring in the entry hall that complements the original mahogany details. The facade was restored in 2017, with roof replacements and skylight updates completed at that time. 59 East 73 offers incredible investment potential with versatile options: convert the property into a stunning single-family home just seconds from Central Park, maintain it as a rental investment with all units leased or sold individually, create a duplex or triplex while keeping other units as rentals, or even divide it into two duplexes and a simplex.

59 East 73 has a FAR of 4, with 7,192 allowable sq. ft. *** The Actual Buildable FAR must be confirmed by conducting a property survey and by a submission to the NYC Dept. of Building and the NYC Landmark Preservation Commission. *** Take advantage of this rare opportunity to own a distinguished brownstone on one of America’s most desirable streets, and make it your very own.

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Apartment Amenities

  • Terrace
Listing courtesy of Compass

Pricing History

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About 59 East 73rd Street

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Subways

  1. 6
at Lexington Ave 0.22 miles