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29 E 63rd St
New York, NY 10065
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Prime location on East 63rd Street between Park and Madison Avenue, one of Manhattan’s most exclusive corridors.
- Flexible design options allow for customization, including two-family configurations.
- Exceptional upside in one of New York City’s most prestigious residential markets.
- Approved plans for a six-level single-family townhouse with elevator and luxury amenities.
- Sale price includes construction costs for approved plans; option to use existing contractor or your own team.
Executive Summary
Presenting an extraordinary opportunity to acquire a legal three-family property on one of Manhattan’s most prestigious blocks—East 63rd Street between Park and Madison Avenue. This rare offering includes approved plans for a magnificent single-family townhouse with elevator, currently in early stages of construction. The proposed design spans one cellar level and six above-ground floors, featuring grand living spaces, multiple wood-burning fireplaces, a master suite with luxurious ensuite bath, junior suites, a family room with terrace access, and a penthouse level with skylight and outdoor recreational areas.
The property’s flexibility is unmatched: buyers may proceed with the existing construction team or bring their own vision to life, including alternative configurations such as two-family layouts. The sale price includes all construction costs for the approved plans, ensuring a seamless transition for those seeking to create a bespoke residence in one of New York’s most coveted neighborhoods. With a lot size of 20 ft x 100.42 ft and approximately 8,028 usable square feet, this asset offers unparalleled potential for customization and long-term value.
The property’s flexibility is unmatched: buyers may proceed with the existing construction team or bring their own vision to life, including alternative configurations such as two-family layouts. The sale price includes all construction costs for the approved plans, ensuring a seamless transition for those seeking to create a bespoke residence in one of New York’s most coveted neighborhoods. With a lot size of 20 ft x 100.42 ft and approximately 8,028 usable square feet, this asset offers unparalleled potential for customization and long-term value.
Property Facts
| Price Per Unit | $8,333,333 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Sale Condition | High Vacancy Property | Lot Size | 0.05 AC |
| No. Units | 3 | Building Size | 7,640 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1899 |
| Zoning | R8B - High density residential district | ||
| Price Per Unit | $8,333,333 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 7,640 SF |
| No. Stories | 5 |
| Year Built | 1899 |
| Zoning | R8B - High density residential district |
Amenities
Site Amenities
- Vintage Building
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | - | - |
Property Taxes
| Parcel Number | 1378-0026 | Improvements Assessment | $696,733 |
| Land Assessment | $238,254 | Total Assessment | $934,987 |
Property Taxes
Parcel Number
1378-0026
Land Assessment
$238,254
Improvements Assessment
$696,733
Total Assessment
$934,987
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