Active

59 East 73rd Street

New York City NY, 10021

$11,700,000


$1,554.82 per sqft

Active

10 Beds

10 Baths

7,525 sqft

Townhomes

Built in 1910

Exceptional opportunity to create your own fabulous single family home in the heart of the Upper East Side! This elegant five story townhouse sits on a 17.6' x 102.2' lot on 73rd Street between Park and Madison Avenues and offers 7,525 square feet. Built in 1910, seconds away from Madison and Fifth Avenue, this residence offers absolute privacy while providing easy access to Central Park, galleries, high-end boutiques and the finest restaurants. It is in the Upper East Side Historic District and is landmarked. The zoning is R8B/R10 & PL (Special Park Improvement District) and therefore allows Residential Use.

Within this 5 story townhouse, currently configured as a 10-unit condominium, there are two apartments per floor consisting of a studio (front) and a one bedroom (back). The street level studio apartment (1F) has a private gated entrance from East 73rd Street and the one bedroom (1B) has a private garden/ patio. The second floor (parlor floor) has a gracious studio apartment (2F) with very high ceilings and a one bedroom in the back (2B) that faces the serene garden/ patio below. The third floor studio apartment (3F) enjoys tree-lined views and the one bedroom (3B) has a private terrace. The fourth floor has a studio (4F) and a one bedroom (4B). The fifth floor studio receives incredible natural light (5F) and the one bedroom apartment (5B) has two skylights.

Each apartment has a renovated granite kitchen with stainless steel appliances, marble bathrooms with European style showers, and individually controlled central heating and air conditioning units. There are decorative fireplaces in a few apartment units. The building underwent an extensive "gut" renovation, including plumbing and electrical in 2007. New marble flooring in the entrance vestibule and entry hall was installed which complements the original mahogany trim, baseboards, chair rail, and wainscot. Additionally, the central stairs and floor landings were newly carpeted and illuminated by contemporary lighting. In 2017, the facade was restored and the pointing work completed at that time, and replacement of the roof and roof skylights.

59 East 73 is a great investment opportunity because, due to the current configuration, possibilities are endless for an investor:

1. The best use would be for the subject property to be converted into a single family, an opportunity to create your own fabolous home in one of the best blocks in the UES, seconds from Central Park.
2.The Subject Property can remain an investment property, where the condo units all stay rented, or each unit can be sold individually.
3. It can be converted to an owner's duplex (or triplex) with the balance staying as rental apartments or the balance of the apartments can be sold.
4. The Subject Property can also be divided into two duplexes and a simplex, or a triplex and a duplex.
5. Another possibility is converting the current 10 apartments into 5 full floor apartments, to be resold or rented.

This is a rare opportunity to become the proud owner of your own brownstone in one of America's most sought-after blocks, seconds away from Central Park.

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. ***

COMP-1406100702308035969

MLS ID

October 26, 2023

Listed

February 5, 2025

Updated

Map

59 East 73rd Street
New York City NY, 10021

Interior Features

Total Stories

5


Bedrooms

10


Total Bathrooms

10


Full Bathrooms

10


Interior Features

Crown Molding, High Ceilings


Appliances

Dishwasher


Laundry Description

Common Area


Floor Description

Hardwood


Fireplace

Yes


Fireplace Description

Decorative, Other


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Exterior Features

Balcony, Private Yard

Other Property Details

Taxes

$113,292


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

Listing History

Date

Event

Price

5/29/2024

Price change

$11,700,000

-10%

RLS Data display by Sofia Falleroni with Compass
Listing Contact: (347) 446-9088 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 2/5/2025 at 9:01 PM UTC

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