C . P. H . G i l b e r t To w n h o u s e , S t e p s f r o m R i v e r s i d e P a r k E x c e p t i o n a l l y L o w Ta x e s 3 3 1 We s t 8 7 t h S t r e e t Between West End Avenue and Riverside Drive
15’ x 100’ Built 68’ deep, four-story extension
C . P. H . G i l b e r t To w n h o u s e , S t e p s f r o m R i v e r s i d e P a r k E x c e p t i o n a l l y L o w Ta x e s 3 3 1 We s t 8 7 t h S t r e e t Between West End Avenue and Riverside Drive
15’ x 100’ Built 68’ deep, four-story extension
DESCRIPTION
Located on a picturesque townhouse block, this Charles Pierrepont Henry Gilbert house is rich with original details: a bridal bench, a beautiful skylight, original restored floors, a Juliet balcony, fireplaces with original mantelpieces, and an original intercom. High ceilings and a large, welcoming foyer create a feeling of grandness. The New York Times has said that Gilbert’s work “came to define the upper-class residence.” His love of the French Renaissance styling shines through in the voussoirs above each window and molded decorative keystones. Enjoy the proximity of Riverside Park and the Soldiers’ and Sailors’ Monument. Move into the beautiful, sunny parlor floor owner’s unit with access to the garden, and collect rental income from the five units in the rest of the building. L AY O U T
Garden Level: As you walk up the box stoop and enter from the street, you find yourself in a grand foyer with original floors and a fireplace with an emerald-green tile mantle, which immediately creates a warm, welcoming feeling. This foyer is a unique feature for a townhouse and a C. P. H. Gilbert trademark, and makes for a grand entrance to the one-bedroom apartment in the back. This apartment has no garden access. Parlour Level: This sun-flooded floor-through apartment is the owner’s unit, and the only one with garden access. The front room is spacious and bright, with three large windows, access to a Juliet balcony, and a fireplace with a wood mantle. From there, you enter the back room through the newly renovated kitchen with brand-new appliances and a granite countertop.
C . P. H . G i l b e r t To w n h o u s e , S t e p s f r o m R i v e r s i d e P a r k E x c e p t i o n a l l y L o w Ta x e s 3 3 1 We s t 8 7 t h S t r e e t Between West End Avenue and Riverside Drive
15’ x 100’ Built 68’ deep, four-story extension In the back room is another fireplace with a sparkling black tiled mantle and two windows. The original floors were recently restored and finished, and are in excellent condition. The bathroom has also been recently renovated. The back room has a terrace with wooden stairs down to the charming garden, which is surrounded on three sides by other townhouse gardens. An ivy-covered wooden fence circumscribes the space, which is designated exclusively for this apartment. Third Floor: A floor-through one-bedroom apartment occupies this floor. Fourth Floor: The rear studio apartment has been renovated within the last two years, and everything in it is new. Features include an original mantelpiece with limestone-green tile, and its own terrace. There is also a front studio apartment on this floor. Top Floor (half story): This bright and charming studio features unique nautical circle windows that look down onto the street, an original intercom, and sole access to a huge roof deck. Cellar Level: The cellar is very clean and dry, with high ceilings and oil heating. There is also an entrance into the garden from the cellar, another Gilbert trademark. Well-maintained mechanicals are located in the rear, with storage in the front.
C . P. H . G i l b e r t To w n h o u s e , S t e p s f r o m R i v e r s i d e P a r k E x c e p t i o n a l l y L o w Ta x e s 3 3 1 We s t 8 7 t h S t r e e t Between West End Avenue and Riverside Drive
15’ x 100’ Built 68’ deep, four-story extension E S T I M AT E D E X P E N S E S
Real Estate Taxes (2014-15) Heat (gas) Water/Sewer Electric Insurance Total
$28,551.60 $10,000 $3,800 $1,500 $400 per unit $46,251.60
A D D I T I O N A L I N F O R M AT I O N
Year Built Historic District Zoning FAR Maximum Allowable FAR Tax Class Approximate Square Footage:
1892 Yes R8 2.72 6.02 2A 4,200
Price: $3,995,000
Buyers Call: Cathy Connolly, Buyer Specialist – (212) 769-2900, ext. 219 Brokers Call: Lauren Cotten, Sales Representative – (212) 769-2900, ext. 214 Negotiations Call: Dexter Guerrieri, President – (212) 769-2900, ext. 211
C . P. H . G i l b e r t To w n h o u s e , S t e p s f r o m R i v e r s i d e P a r k E x c e p t i o n a l l y L o w Ta x e s 3 3 1 We s t 8 7 t h S t r e e t Between West End Avenue and Riverside Drive
15’ x 100’ Built 68’ deep, four-story extension RENT ROLL
Unit Layout 1 1 Bed 2 1 Bed 3 1 Bed 4 Studio 5 Studio 6 Studio Estimated Total Rent Annual Estimated Income
Rent $655.39 $4,575 $1,089 $2,288 $892 $2,078 $11,577.39 $138,928.68
Lease Expiration August 31, 2015 July 31, 2016 October 31, 2016 July 6, 2015 September 30, 2016 July 31, 2015
Status RC FM RS RS RS RS
23'-8 1/16"
V A N D E N B E R G, I N C The Townhouse Experts™ 212 769 2900
331 WEST 87TH STREET
PATIO (UNIT 2) 15'0" x 16'6" 305 SQ FT
0 2' 4'
8'
15' 6'
DECK (UNIT 2) 168 SQ FT
DN
REF
STUDIO 13'6" x 19'0"
100'-8 1/16"
STORAGE 13'6" x 22'1"
DECK (UNIT 5) 9'0" x 14'0" 123 SQ FT
DN
BEDROOM 13'10" x 18'10"
REF
STUDIO 13'10" x 16'9"
LIVING / DINING 13'10" x 18'8"
D/W
29'-6"
14'
PATIO (UNIT 1) 6'0" x 11'6" 71 SQ FT
STORAGE 7'6" x 13'0"
14'
9'
8'
N
UP
REF
ROOF (UNIT 6) 15'0" x 29'6"
APT 3
DN
D/W
UP
UP
WH
W D
GAS
UP
LOBBY 13'6" x 16'6"
REF
UP
UP
UP REF
APT 4 REF
LIVING / DINING 13'10" x 18'6"
BEDROOM 13'10" x 19'0"
D/W
STUDIO 13'10" x 16'5"
DN
BEDROOM 14'0" x 13'3"
OFFICE 7'3" x 4'3"
ELEC
4'-3"
4'-3"
6'-9"
H2O
STORAGE
LAUNDRY / UTILITIES 13'0" x 19'8"
STORAGE
OIL
DN
26'-9"
B
DN
APT 6
56'-3"
APT 1
DEN 7'0" x 9'6"
APT 2
APT 5 DN
LOT LINE UP
CELLAR
FIRST FLOOR
SECOND FLOOR
THIRD FLOOR
FOURTH FLOOR
FIFTH FLOOR
COMMON AREA 7'0" HEIGHT CEILING
UNIT 1 8'0" HEIGHT CEILING
UNIT 2 10'8" HEIGHT CEILING
UNIT 3 9'8" HEIGHT CEILING
UNIT 4 / UNIT 5 9'0" HEIGHT CEILING
UNIT 6 8'0" HEIGHT CEILING
V A N D E N B E R G, I N C. T he T ownhouse E xperts™ • L I C E N SE D R E A L E STA TE B R O K E R 19 9 5 B R O A D W A Y , S U I T E 605 • N E W Y O R K , N E W Y O R K 10 0 2 3 P h o n e 2 12 76 9 2 90 0 • F a x 2 12 76 9 2 9 13 • W W W . T O W N H O U S E E X P E R T S . C O M Al l i nf or mat i on is f rom s ou r c es d e e m e d r eliable a n d is s u b m i t t ed subj ec t to er r or s, c h a n g e s o f pr ice, rent al, pr i or sale, a n d w i t h d r a w a l w i t h ou t not ice.