121 East 81st Street

Single-Family Townhouse For Sale  • 
Upper East Side
Web ID # 1273776 RLS

$ 12,995,000

1 Family • 5 Beds • 8.5 Baths • 9,400 ft2  
Tax (Monthly): $12,283

Building & Unit Features

  • Storage
  • Garden
  • High Ceilings
  • 37' of Frontage on 81st Street
    Not Landmarked or in a Historic District
    PRICED TO SELL

    Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue sit two contiguous townhouses located at 121-125 East 81st Street. This very unique and seldom found 37' x 102 lot that spans both townhouses and encompasses roughly 9,400 square feet above grade is and for sale for the first time in many decades.

    Originally constructed in 1899, this remarkable five story property was the private residence and office of a very famous designer and music entrepreneur who lived in both as a primary residence and personal 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

    Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sq ft (subject to approvals) offering prospective buyers endless opportunities for reimagining and reconfiguration of the space and the chance to make their own mark on this prestigious property. Whether as a private residence, a live/work space, or a new construction project, the possibilities are as vast as the property's potential especially in light of the fact that the properties are not landmarked or in a historic district.

    Please note that the two houses are still two separate tax lots but have been opened between the two houses on both the third and fourth floors.

    The buildings have been immaculately maintained and will be delivered vacant.

    This is a co-exclusive with Lauren Muss.
    Stories: 5
    Units: 1
    Total Rooms: 20

    Courtesy Of Leslie J Garfield & Co Inc

    Contact Agent


    Estimated Monthly Costs


    $65,710
    Est. Mortgage
    $12,283
    Real Estate Tax
    $77,993
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
    Reset


    Loading Map...

    Nearby Subways

    • 6 Lexington Ave & 77th St (~0.21 mile)
    • 4 5 6 Lexington Ave & 86th St (~0.23 mile)
    • Q 2nd Ave & bet 83rd & 84th St (~0.29 mile)


    This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Jade Stone Real Estate Consulting. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.