$7,995,000
$7,995,000
For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7 Baths
6,500 SqFt
SOLD DATE : 02/08/2023
Key Details
Sold Price $7,995,000
Property Type House
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $1,230
Subdivision Upper West Side
MLS Listing ID OLRS-0076844
Sold Date 02/08/23
Style Prewar
Bedrooms 8
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1900
Property Description
LIVE LARGE + AMPLE INCOME + AMAZING LOCATION. With massive curb appeal, this 20-foot-wide Queen Anne-Romanesque style four family home replete with original details is a unique find in a prime Upper West Side location near 77th Street and Columbus Avenue. Available for the first time in 20 years, the approximately 6500 SF home consists of 4 units (all free market): a large renovated owner's duplex apartment with garden, a 2 bedroom floor though apartment and two 3 bedroom triplex units.
The owner's garden/parlor floor duplex is spectacularly renovated and over 3000 SF. Modern touches blend graciously alongside a restored original prewar aesthetic. The parlor floor showcases 11-foot ceilings, has three exposures and is home to a library (or 4th bedroom), living room and the master bedroom. A long gallery and wet bar here are perfect for grand scale entertaining. The oversized master with en suite windowed bathroom is cleverly arranged in the building's extension and is exceedingly quiet. Downstairs, a renovated kitchen with island is finished in marble and accompanied by Viking and Subzero appliances. The kitchen is anchored by a separate dining room, front garden/mud room entrance and a spacious media room for intimate gatherings. There are two additional bedrooms on this level and access to a lush private garden. The owner's duplex is outfitted with Central AC.
From the 3rd Floor to the 6th Floor are three FREE MARKET rental units. Each unit has 2 or 3 bedrooms and distinctive private outdoor space of its own. Highly sought after rentals, each has commanded a rent of +/-$6000 or more for the previous 10 years with little to no vacancy. A new owner can continue to collect upwards of $20,000 in gross rental income per month or take back one or more of the free market rental units and incorporate them into the existing owner's duplex.
A 1000 SF basement is home to a laundry room with plenty of storage space. The basement is in excellent condition and ripe for a conversion to recreation room, home gymnasium or home theatre.
131 West 77th Street was originally designed and built (along with four neighboring townhouses) by architect William K. Benedict and developer Wilson and Tichborne in 1887-88. From this enviable location, one is in close proximity to many of the cultural and culinary treasures that the Upper West Side has to offer. Transportation options include easy access to the B, C and 1 trains.
Location
State NY
County Newyork
Zoning R8B
Building Detail https://www.elegran.com/nyc/buildings/131-w-77th-st&sold-listing=true
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Equipment Intercom
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Garden
Porch Building Patio, Building Terrace, Patio, Terrace
Private Pool No
Building
Story 5
Others
Pets Allowed Pets Allowed
Pets Description Building Yes, Yes
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
RLS Data display by Elegran | Forbes Global Properties