20’ Townhouse on Best Riverside Block Newly Renovated Owner’s Triplex plus Income 308 West 78th Street $7,500,000 Between West End Avenue and Riverside Drive 20’ x 102’ Built 74’ deep, with a 4-story double wide extension
20’ Townhouse on Best Riverside Block Newly Renovated Owner’s Triplex plus Income 308 West 78th Street $7,500,000 Between West End Avenue and Riverside Drive 20’ x 102’ Built 74’ deep, with a 4-story double wide extension
DESCRIPTION
This 20’ townhouse sits on a gorgeous Riverside Park block. The brand-new, owner’s south garden triplex is an expansive space with sky-high ceilings and crisp, contemporary finishes. The entire unit was gut renovated in 2011, enlarging the square footage and reinforcing this historic home with steel beam studs designed to last another hundred years. Now this townhouse is a turn-key, live-with-income opportunity in a coveted Upper West Side location. LAYOUT
Basement: Lower Level of Owner’s Triplex This finished basement was excavated in 2011 to create extra-high ceilings. The spacious family room offers plenty of space for fun and games. A home office adjoins. A wet bar, powder room, and walk-in closet are found nearby. To the right is the laundry room with sink. Building mechanicals are also found on this level. Garden Level: 2nd Level of Triplex Hardwood floors and contemporary white walls brighten this level. The open floor plan includes a front parlour, center dining room, and family room. A full bath is nearby. The rear kitchen includes a breakfast bar, stainless steel GE Monogram appliances and a garden view. A nearby home office opens onto the sunny south garden. The dining patio is perfect for entertaining or sunbathing. Parlour Floor: 3rd Level of Owner’s Triplex The master bedroom suite overlooks the garden. It includes a spacious main bedroom with a decorative fireplace, a master bath with soaking tub and separate shower, and an alcove opening onto a rear terrace
20’ Townhouse on Best Riverside Block Newly Renovated Owner’s Triplex plus Income 308 West 78th Street $7,500,000 Between West End Avenue and Riverside Drive 20’ x 102’ Built 74’ deep, with a 4-story double wide extension
that descends to the garden. His-and-her closets provide storage. The center houses another brandnew full bath, while two more bedrooms are found at the front of this level. RENT ROLL
Unit 3F 3R 4F 4R 5F 5RE 5 RW Tr i p l e x Estimated Estimated Estimated Estimated
Status RS FM FM RS RS S RO FM FM Monthly Income: Annual Income: NOI: Cap Rate:
Re n t Expiration/Notes $1176.75 7/31/14 $2,400 7/31/13 $2,500 2/28/15 $631.71 10/31/13 $705.49 2/28/15 $333.28 8/31/14 $1,050 1/31/14 $22,000 est. $30,797/month $369,564 $267,378 3.7%
20’ Townhouse on Best Riverside Block Newly Renovated Owner’s Triplex plus Income 308 West 78th Street $7,500,000 Between West End Avenue and Riverside Drive 20’ x 102’ Built 74’ deep, with a 4-story double wide extension
ESTIMATED EXPENSES
Real Estate Taxes (2013-14) Water & Sewer Insurance Heat (gas) Hallways Electric
$67,186 $2,500 $3,500 $5,500 $1,500
Total Estimated Expenses:
$80,186
ADDITIONAL INFORMATION
Year Built Historic District Landmark Zoning Tax Class Estimated Square Footage
Buyers Brokers Brokers Negotiations
1920 Yes No R8B, Residential 2 7,500
Call Cathy Connolly, Buyer Specialist – (212) 769-2900, ext. 219 Call Jennifer Cooke, Buyer Specialist – (212) 769-2900, ext. 213 Call Lauren Cotten, Sales Representative – (212) 769-2900, ext. 214 Call Dexter Guerrieri, President – (212) 769-2900, ext. 211
VANDENBERG, INC The Townhouse Experts TM 212 769 2900
308 West 78th Street
Garden 20'0" x 27'9" Up
N
Dn
Terrace 9'0" x 8'0"
Storage 7'3" x 12'0" Crawl Space
Balcony 9'4" x 6'0" Bath
Breakfast Rm 10'0" x 7'10"
Kitchen 8'0" x 12'10" REF
Sun Room 8'8" x 7'9"
Master Bath
Cl
Bath Roof /Possible Terr 9'0" x 8'9"
Den 9'0" x 7'9"
REF
D/W
Boiler Room
Kitchen 7'9" x 8'6"REF
D
Laundry 8'2" x 10'0"
WIC
Kitchen 7'9" x 7'6"
D/W
Roof /Possible Terr 10'0" x 14'0" D/W
W
Dining Room 18'8" x 24'6"
Pwder
Studio 18'9" x 20'0"
Bedroom 18'5" x 20'0"
Master Bedroom 18'5" x 20'0"
Apt.1 D
Bath Dn
Apt.1 C
Dn
Dn
Studio 7'0" x 20'0"
Apt.4
Dn
Kitchen 6'9" x 5'3"
REF
Bedroom 11'6" x 20'0"
Apt.6
Dn
Dn
Cl
Apt.5
Cl Up
Foyer Cl
Up
Up
Apt.1 A
Cl
Up
Apt.2
Apt.3
Apt.1 B
Cellar
Kitchen 7'1" x 6'7"
Kitchen REF
Bedroom 9'7" x 17'6"
Elec Gas H2O
Cl REF D/W
REF
Meters Room 15'9" x 7'0"
W/D
Bath Cl
Up
Bath
Living Room 13'3" x 32'1"
Up
Bath
Bath
Recreation Room 15'3" x 32'3"
Foyer
Alcove 6'4" x 11'9"
WIC
Cl
Bedroom 9'0" x 14'6"
Studio 18'5" x 20'0"
Studio 18'9" x 20'0"
Living/Dining 18'9" x 20'0"
Foyer
First Floor
Second Floor
Third Floor
Fourth Floor
Fifth Floor