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121-125 East 81st Street
Townhouse in Upper East Side •  building info
5bd • 8.5ba • 9,400ft² $989 per ft²
Sold price

$9,300,000

Key Details
Days on market
163
Last price change
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Estimated payment
$62,465
Taxes
$12,283
Monthly maintenance
N/A
Description
Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue, 121-125 East 81stStreet sits on a very unique and seldom found 37' x 102' south-facing lot and encompasses roughly 9,400 square feet above grade. Originally constructed in 1899, these two contiguous houses have been immaculately maintained over the years and offers buyers various opportunities for configuration. The houses are currently configured as a single-family residence with a separate duplex office unit (zoned commercial) on the ground and parlor floors of 125 East 81st Street, which was used as an office. Below are the details of each of the houses: 121 East 81st Street - Dimensions: 20' x 50' - Stories: 5 - Approx. 5,390 sqft (above grade) - Lot: 20' x 102.17'(2,043 sqft lot) - Zoning: R8B - Annual Taxes: $75,966 - Residential FAR: 4 - Maximum usable floor area (subject to verification): 8,172 sqft - Not landmarked 125 East 81st Street - Dimensions: 17' x 44' - Stories: 4 - Approx. 3,984 sqft (above grade) - Lot: 17' x 102.17'(1,737 sqft lot) - Zoning: C1-8X - Annual Taxes: $71,429 - Residential FAR: 4 - Maximum usable floor area (subject to verification): 6,948 sqft - Not landmarked The property can be renovated in its current configuration to maintain a live/work use, further combined to increase the residential space of the home, and can also be completely rebuilt new as the houses are not landmarked. Please note that the two houses are still two separate tax lots. Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sqft (subject to approvals) offering the perfect opportunity to create an impressive home. The buildings will be delivered vacant. This is co-exclusive with Jed Garfield and Lydia Rosengarten of Leslie J. Garfield & Co.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Fireplace
Dishwasher
Central Air
Garden View
Roof Rights
Building Amenities
Fios Available
Laundry in Building
Outdoor Space
Garden
Building info

History
What it'll cost
Purchase price
$9,300,000
Asking Price: $9,300,000
Term
30 Years
Down Payment
$930,000 (10%)
Min: 10% (930,000)
Rate
6.0 %
Mortgage Amount
$8,370,000
Mortgage Payment
$50,182
Taxes
$12,283
Estimated closing cost
$411,000
Total monthly cost $62,465
Listing Courtesy of Douglas Elliman

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