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$24,583,333
List Price: $25,000,000
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29 East 63rd Street
Condo in Lenox Hill •  building info
6bd • 5ba • 7,640ft² $3,272 per ft²
Buy with Yoreevo

$24,583,333

List Price

$25,000,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
418
Last price change
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Estimated payment
$149,397
Taxes
$7,182
Monthly common charges
$0
Description
Sprawling legal three-family under construction with approved plans to build an exquisite and majestic single-family townhouse (with elevator) on one of the most upscale and exclusive Manhattan blocks: 63rd Street between Park and Madison Avenue. The financially qualified-buyer has the ultimate opportunity: to unlock her or his most inspiring vision and actualize a home you have always craved and needed.With the current team of townhouse experts, particularly the general contractor and architect, the structural possibilities are plentiful. The present legal configuration offers three residential units. The approved plans, currently in its nascent stages of construction, offers one level below ground and six levels above ground that include: - Cellar: sidewalk vault, water service and pumps, sauna room, powder room, two storage areas, elevator machine room, DH closet, IT closet, workshop room, and mechanical room. - Ground floor: two entrances with one entrance leading to the vestibule, and the other entrance leading to an accessory office. Grand foyer, powder room, walk-in closet, kitchen, and spacious breakfast nook. - First floor: living room, dining room with wood-burning fireplace and kitchen. - Second floor: master bedroom with wood-burning fireplace and ensuite master bathroom, and additional spacious bedroom with ensuite full bathroom. - Third floor: Junior suite with wood-burning fireplace and ensuite bathroom, and additional spacious bedroom with ensuite bathroom and large dressing area. - Fourth Floor: Either a library or another bedroom with ensuite bathroom, family room with wood-burning fireplace and direct access to a spacious terrace. - Penthouse: Two enclosed outdoor recreational spaces, an open terrace, and a penthouse suite with skylight and kitchenette. All approved drawings and plans can be emailed, so please reach out for existing plans and the approved proposed plans. Since construction is in its early stages, you are welcome to offer your own design should you require a two-family or other legal configuration of your need and choosing.The sale price includes all construction costs for the approved plans. You are welcome to purchase the property and use your own contractor and personnel should you prefer. Or, you may move forward with the existing construction team. The massive flexibility is unparalleled. You are truly purchasing a one-of-a-kind property. Lot size is 20 ft X 100.42 ft with 8,028 usable square feet.

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Important Stuff
Elevator
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
City View
Fireplace
Dishwasher
Central Air
Garden View
Roof Rights
Skyline View
Building Amenities
Laundry in Building
Outdoor Space
Terrace
Courtyard
Roof Deck
Private Roof Deck
History
What it'll cost
Purchase price
$25,000,000
Asking Price: $25,000,000
Term
30 Years
Down Payment
$2,500,000 (10%)
Min: 10% (2,500,000)
Rate
6.5 %
Mortgage Amount
$22,500,000
Mortgage Payment
$142,215
Common Charges
$0
Taxes
$7,182
Estimated Yoreevo rebate
$416,667
Estimated closing cost
$1,513,000
Total monthly cost $149,397
Buy your dream home with us and get an estimated
$416,667 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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