Presented by: Brown Harris StevensPowered by Highrises
For Sale

$12,000,000

$3M

50 W 86th St, Manhattan, NY 10024

  • 15Beds
  • 9Baths
  • -SqFt
  • 15Beds
  • 9Baths
  • -SqFt
  • Property Type
    Townhouse
  • Year Built
    1900
  • On highrises
    214 Days

Property Details

LOT<br><br>Lot sq.ft 2554<br>Lot dimensions 25ft x 102.7ft<br>Building dimensions 25 ft x 96 ft<br>Building Frontage 25ft<br><br>BUILDING<br><br>Building Class C7- over 6 fa mily with commercial<br>Built 1907<br>Stories 5<br>Residential units 8 ALL FREE MARKET <br>Commercial Units, 1 <br>Commercial sqft 2040 <br>Washer Dryer Yes Select apt <br>Pool Yes . Grandfathered. <br>Taxes annual $134, 880<br>Delivered vacant Yes<br><br><br>FAR<br><br>FAR 10<br>FAR as built 2.73.<br>Allowed usable sqft 25, 540<br>Sqft as built 9012<br>Unused FAR 18, 568<br><br>Apartments<br>- All Free Market<br>- Apt 1 - Studio + Loft / 1 full bath .<br>- Apt 2 -1 BR + Loft / 1 full bath.<br>- Apt 3- 1BR + Loft / 1 full bath + Balcony<br>- Apt B1 - duplex/2BR/1 full bath.<br>- Apt B3 - 1BR / 1 full bath + Terrace.<br>- Apt C3 -2bR loft / 2 full bath + Terrace<br>- Penthouse 1 duplex 2BR/2 full bath + Private roof deck<br>- Penthouse 2 duplex 1 BR + Loft + Private roof deck<br>- Commercial space Open loft / 1 full bath/ 1 kitchen <br><br>'THE GOODLUCK MANSION' <br><br>-This renaissance revival style mansion retains its original features- The grand limestone entrance with ornate foliate carving with two full-bodied lions flanking the snarling face of a third, an ornately carved original balustrades, High ceilings, exposed brick and multiple fireplaces. The mansion also has a pool on the first floor which has been grandfathered in and can be excavated.<br><br>-Delivered vacant and in its original condition with 8 free market units complete with balcony/ terraces, a commercial space 2040 sf in an open loft layout with pool and East, West and South exposures. The building itself has all 4 exposures.<br><br>USES: <br><br>- Build out the building using its 18, 500 ++ sf of available air rights<br>- Perfect for a not-for-profit organization to convert this property and showcase its storied past and add additional space using the air rights 18, 500++ sf.<br>- Multiple options to convert the building into a educations institution, religious space, galleries, institutions/ workshops areas etc<br>- Keep the property as a multiple unit investment with its 8 free market apartments and above grade commercial space, add additional space using the 18, 500++ sf of available air rights.<br>- Convert the house back to a single family complete with a pool<br><br>Steps from Central Park, the museum of natural history, the MET across the park, subways and more.<strong><br><strong><strong><br><strong>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.<strong><br><strong>Pool is grandfathered in and will need to be excavated. <strong><br><strong>Fireplaces need to be inspected for viability and restored. <strong><br><strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong>

Property Features

Bedrooms

  • Bedrooms: 15
  • Presented by:
  • Rex Gonsalves

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