NEW
Upper West Side Pre-War Single Family Building
36 Riverside Drive $13,750,000
Property Type: Residential Location: New York City, New York Neighborhood: Uptown Sub-District: Upper West Side Number of Units: 8 Square Footage: 7,380
36 Riverside Drive was one of the earliest row houses (1888-89) to be erected on the Drive. Originally the southern half of a row of four, that were designed by LAMB & RICH, architects of Barnard College, for George and Clarence Lowther, well-known for their coal yards. The Property consists of a five and a half-story, premiere residential building measuring approximately ±7,567 square feet and is situated on the east side of Riverside Drive between West 75th Street and West 76th Street on the Upper West Side of Manhattan. The Property features ±20 linear feet of frontage and is located directly across from Riverside Park and the Hudson River making it a beautiful unique home on a wonderful part of the west side walk. The ideal, highly sought after location, surrounded by luxurious homes and architecture,in a tranquil exclusive, waterfront park setting, is rare and irreplaceable. The Property is located in an R10A zoning district with a maximum FAR of 10. The site’s zoning floor area is ±18,500 square feet. The Property’s unused development rights of ±10,924 square feet are still intact. The building contains a total of eight residential units that are unencumbered by rent stabilization regulations. The building will be delivered entirely vacant giving the new buyer an opportunity to transform into a single family residence or multiple condos. Prior to the sale, the building was operated as a bed and breakfast. It is in very good structural and physical condition. It is heated by gas, and there is a full cellar. The building has a small extension in the rear. All apartments are tastefully renovated and spacious, with large windows allowing for excellent light and air not only in the front, but also in the rear of the building. There are many significant historic finishes inside. The property features 9 fireplaces, elaborate mantels, coffered ceilings and beautiful moldings. A large and private landscaped rear yard contributes to the bright and airy feeling inside of the apartments and provides an excellent outdoor area for the ground and main floor. Currently, the building’s roof and rear yard are not fully utilized as common area recreational amenities for the Property, but may be used as such in the future. The property features clear views of New Jersey and the Hudson River from the Penthouse and Rooftop. Due to the flexibility of being delivered unencumbered by leases and rent regulation, this exceptional opportunity has the potential to satisfy a variety of end uses, including corporate or institutional housing, free market multi-family rental apartments, luxury single family home or a multi-unit condominium conversion. This offering includes ownership’s proposed architectural renovation plans for a single family home with garden and rooftop.
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Listing Contact Info Adelaide Polsinelli (/people/adelaide-polsinelli) Senior Direc tor/ Brok er of The Year 646.658.7327
email (mailto:
[email protected])
Carlos G. Olson (/people/carlos-g-olson) Assoc iate Direc tor 646.658-7383
email (mailto:
[email protected])
Gary Meese (/people/gary-meese) Senior Direc tor, Financ ial Servic es 646.658.7351
email (mailto:
[email protected])
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