TAKEN OFF MARKET
140 West 75th Street is ready to become one of this city's premier residences. Its whopping 21 feet of width earns it a place among the most sought-after townhouses in Manhattan. It already boasts 6,926 interior square feet, not counting the cellar level. There is enough remaining FAR to build approximately 3,400 additional square feet, according to PropertyShark, pending zoning and historic district regulations. Consult your architect. The approximately 600-square-foot, south-facing garden is to die for. The moment you step outside you are sure to fall in love. Best of all, the house is fully renovation-ready. Appropriate paperwork to vacate the house has been obtained by the current owner. It can be delivered vacant, allowing you to start plans for construction almost immediately.
This is your opportunity to join the elite club of Upper West Side single-family elevator townhouse owners, by investing only a fraction of what you would pay for a finished home of this caliber. Finished homes of this width on the Upper West Side have consistently tickled the $20 million mark. These West 70s blocks have proven especially valuable. Here on West 75th Street, number 22 sold for $18,850,000 - a house that was the same width as 140 West 75th Street. 26 West 76th Street and 47 West 70th Street both sold for over $19 million when finished, and 47 West 70th Street was a foot narrower than 140 West 75th Street. Market indications confirm that this home has the potential for a similar sale price, once it is fully finished as a deluxe elevator single-family mansion. Investors know that even if you invest $3.5 million in a deluxe renovation, you will still be positioned to potentially make millions upon resale.