38 E 75th St
New York, NY 10021
Multifamily Property For Sale · 9 Units

EASILY CONVERTED TO SINGLE-FAMILY, VACANT AND FREE-MARKET Gold Coast Gem. Built-in 1881 for a renowned developer at the time, 38 East 75th Street was designed as one of four-row houses by prominent New York architects Arthur M. Thom and James W. Wilson. This 5-story, 20-ft wide townhome located in the Upper East Side Historic District comprises 6,627 interior square feet with an additional 1,533 square feet of buildable rights. The 19th-century details throughout are stunning with ceilings on the parlor floor that soar to 12-ft, original extra-wide fireplaces, ornate ceiling moldings in every room, and tall windows throughout. Currently configured as eight large studio apartments and one four-bedroom triplex (all vacant and free-market) this home can be a live-with-income scenario or restored to its original single-family grandeur. 38 East 75th Street was originally built as a 20' x 56' home on a 20' x 102' lot. In 1936, an extension of 14.5' x 26' was added to the bottom three floors of the main building. The four-bedroom triplex stretches the entire length of the ground floor and the top two floors of the building's 26-ft extension, for a total of 2,410 square feet. The eight studios are split up into two residences per floor from the parlor floor to the fifth floor, in the original building, each with a private entrance accessed off the common hallway. The parlor floor studios have 12-ft ceilings with molding detail, arches supported by half-columns in the former dining room, original fireplace mantels, ample closet space, large kitchenette, and full-sized bathrooms in each. The third floor has 10'8" ceilings with large windows and good closet space. The fourth floor and fifth floors have 10-ft ceilings and the back studio on the fourth floor has a 350-SF terrace, the top of the building's extension. The studios range from 335-sf to 515-sf, all with generous closet space and great light. The four-bedroom triplex has 12'6" ceilings in the large sunken living room area with floor to ceiling windows and an entrance onto the south-facing patio and is flooded with light. The windowed kitchen has good cabinetry and has a pass-through into the dining area. There is a bright office space or seating room in the front portion of the ground floor, which can be used for live-work, and two bedrooms on each of the top two floors of the triplex. The cellar of the building contains laundry, building mechanical s, and storage cages.