Fabulous, Flexible Free-Market Townhouse on Riverside Park Block Multiple Expansion Opportunities
Wednesday, July 28th, 2021 | from 2:30 to 3:30 pm
In the midst of a favorite Riverside Park block lies a handsome, sun-soaked townhouse brimming with opportunity. Boasting 18 feet of width and 4.5 existing stories, it is a steadfast multi-family home with room to grow both out and up.
The building is currently configured as 8 free-market units including a parlour level floor-through, third floor studio loft with terrace, and penthouse studio with enormous private roof deck. There is also a spacious rear garden with views of open sky thanks to the surrounding low townhouses. With 4 vacant and 4 occupied units, this building is a perfect candidate for live-with-income buyers. It is also noteworthy that the 4 existing tenants have 60-day vacate clauses in their lease, so potential buyers can also have a vacant building if they desire.
The garden floor hosts two duplex apartments that are accessible via an independent entrance under the front stoop. Each apartment is configured as a traditional studio with a bonus room below. The rear unit has private access to the townhouse’s South-facing garden.
Just off the vestibule and main hallway is the entrance to a wonderful, floor-through apartment. The front of the parlour floor serves as a living space complete with two large windows and fireplace. Pocket doors open to an eat-in-kitchen. The rear of the floor contains a huge bedroom that overlooks the garden and has a fireplace, separate dressing area, and ensuite bath. It is an ideal owner’s unit.
The second floor contains two extra-large studio apartments with fireplaces. The front studio has a delightful bow window and restored original woodwork. The rear apartment boasts exposed brick and a tremendous walk-in closet.
A studio apartment is situated at the front of the third floor. Highlights include two large windows, fireplace, and an efficiency kitchen. The rear of the floor is a spacious studio with a sleep loft and access to a private terrace.
The fourth floor is occupied by a studio apartment and expansive roof deck.