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322 West 80th St., New York, NY 10024

$8,995,000
Active Listing
Listing Details:
$8,995,000 Price
Multi-Family Townhouse Property Type
Upper West Side Neighborhood
11 Beds
9.5 Baths
8,380 Approx. Sq. Ft.
Key Features:
Fireplace
Unit Garden
Unit Laundry
Description:

LIVE ALL EXPENSES PAID! This 22' wide house offers an owner four glorious floors of privacy while your two tenants upstairs pay all of your real estate taxes, utilities, heat, insurance, superintendent - everything! The house is a fabulous original 1899 Clarence True design with the Elizabethan Renaissance Revival faade bow front, brick and limestone accents, wrought iron grilles, fencing and scrolled pediment. This house is built on a full 102' deep lot, not often found with Clarence True houses. A rare feature for Upper West Side houses is the one step-up entrance rather than the high stoop more commonly found. The house is at the center of the Riverside Drive West 80th Street Historic District, one of the most photographed blocks on the Upper West Side. This house is now 3 legal apartments and can be delivered entirely vacant.

LAYOUT
APARTMENT #1 - The 5,600 square foot quadplex offers a private street entrance, 5 to 6 bedrooms, a fabulous planted South garden, and loads of original period detail. Enter through period wrought iron gates into the original Clarence True designed 18' x 20' entrance gallery. The first floor includes a serving kitchen, living room and access to the planted garden. The South facing garden has a planting shed and receives lots of light. Floor 2 is the impressive formal entertaining floor with 11' ceilings, elaborate Formal Dining Room WBFP carved mantle, wall wainscoting and beamed ceiling, powder room. The Living Room is ornate and impressive with carvings, two enormous windows, WBFP. Floor 3 has 3 bedrooms including the master with ensuite bath. The finished cellar with 8' ceilings is a fabulous recreation space and has access to a lower garden. The apartment is in very good condition, has enormous storage space, tenant pays a below fair market rent and can be delivered vacant.

APARTMENT #2 - Located on the fourth floor and accessed by the former service stairway, this full floor 3 bedroom/2 bath rental has all the charm and space you would want-hardwood floors, exposed brick walls, WBFP, great light and UWS City views both North and South. There is a D/W, laundry and through-wall AC. Apartment is in very good condition, pays below fair market rent and can be delivered vacant.

APARTMENT #3 - Located on the fifth floor and sharing the former service stairway with unit #2, this 3 bedroom/2 bath apartment also has a sleeping loft and a 160 square foot south facing sun-drenched terrace. The charm of exposed brick walls, WBFP, hardwood floors and UWS City views are all here as well. Laundry, D/W and through-wall AC. Apartment is in very good condition, pays below fair market rent and can be delivered vacant.

Apartments 2 and 3 have rental market values of $5,200 and $6,500 monthly, $140,000 annual rents. Leaving money to even pay for a managing agent and concierge service to take care of rent collection, bill paying and maintenance.

This is a rare opportunity to own a historic 22 feet wide townhouse and live all expenses paid in your four story 5,600 square foot home.

Listing courtesy of Brown Harris Stevens

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