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317 West 77th Street
Sold!




This original façade, six-story brownstone, in the heart of Manhattan’s Upper Westside, provides a bounty of uniquely restful features. The floor-through apartments on the garden and parlour level unite to form a spectacular future owner’s unit, with two working fireplaces, a private back garden, a private entrance under the stoop, and bay windows on both floors. All rental units are one-bedroom apartments and can be easily vacated if one wanted to renovate this home to single family. The front apartments include bay windows and working fireplaces, and many apartments include a usable balcony or terrace. The roof has an easy stairway access and it could be turned into a roof garden. You can restore this approximately 7,100 square foot home into a single-family mansion, complete with elevator. Or, you can live in the garden duplex/triplex and receive approximate rental income of $192,000 from the upper floors. The projected income from the garden duplex is $96,000, which boosts the estimated total income to $288,000. Plus, the units pay their own heating bills which will save you thousands each year. Plus, the units pay their own heating bills which will save you thousands each year. All the tenants have a 120-day vacate clause upon notice of sale.

LAYOUT

Basement:

With a private entrance under the stoop, this is a blank palette with 8’ ceilings and with a little effort one could have stairs built to garden as there is already rear outdoor access. Depending on your plans for the house this could be the future kitchen, nanny’s quarters, media room or workout room; the choice is yours.

Parlour/Garden Level:

Again, this open floor can be anything you wish, depending on your plans. Presently it is under construction. Both the front, white marble fireplace and the rear fireplace work and there are high ceilings, great for a formal dining room. The rear leads to a sunny private garden with a tree and room for grilling and open space for pets. There is a full bath and a staircase leads down to the lower level. The ceilings are 9 ft high.

Second Floor Front:

This one bedroom has a spacious living room and 12 ft ceilings, giving it the feel of a loft. The lovely, marble façade fireplace is in working order. The front has a Juliet balcony for use as an herb or flower garden. The full bath features a pedestal sink, and there is ample closet space.

Second Floor Rear:

This one bedroom apartment has a full bath, a decorative fireplace, exposed brick, a ceiling fan, and wide, massive windows. The windows in the living room lead to a balcony. The separate, raised bedroom has a private balcony which looks out into the garden and receives plenty of light.

Third Floor Front:This front one bedroom apartment has a full bath, working fireplace, bay windows, and a ceiling fan.

Third Floor Rear:

This rear one bedroom apartment is extra spacious because of the building’s deep extension. It has a full bath and a balcony.

Fourth Floor Front:

This one bedroom apartment has a working brick fireplace, a ceiling fan, a full bath, and hardwood floors. A Juliet balcony has room enough for two chairs to enjoy a morning coffee. The extra roomy kitchen has added counter space.

Fourth Floor Rear:

This rear one bedroom apartment has exposed brick, hardwood floors, and full bath. The living room window leads to short deck. The bedroom window leads to a large back terrace that looks into the rear garden, with room for a grill to use on breezy, summer days. The ceilings are 9’2’’ high. The apartment is vacant.

Fifth Floor Front:

The front one bedroom apartment has a working fireplace, bay windows, a full bath, and a skylight.

Fifth Floor Rear:

The rear one bedroom apartment has exposed brick, tall windows, a renovated full bath, a remodeled kitchen, and 8 ft ceilings.

Roof:

A full, straight staircase leads to the roof that could be transformed into a garden oasis; great light and a glimpse of the Hudson River complete the package.


ESTIMATED EXPENSES

Real Estate Taxes (2008-9) $ 74,985
Water & Sewer $ 3,000
Insurance $ 6,000
Heat (electric) tenants pay individually $ N/A
Electric (hallways) $ 1,500
Total Expenses: $ 85,485


 


ADDITIONAL INFORMATION

Year Built 1900
Historic District West End - Collegiate
Zoning R8B
FAR 3.49
Maximum Allowable FAR 4
Tax Class 2
Estimated Total Square Footage 7,100+ sq. ft.














 

 

 

 
 

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Vandenberg Inc, The Town House Experts (TM), Licensed Real Estate Broker, 1995 Broadway, Suite 605, New York, New York 10023 - All information is from sources deemed reliable and is submitted subject to errors, changes of price, rental, prior sale, and withdrawal without notice
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