The Ultimate Manhattan Live-Work Home

The Ultimate Manhattan Live-Work Home

The Ultimate Manhattan Live-Work Home
New York, NY
Minimum Bid $4,000,000
Previously Listed $6,495,000
November 11
Auction Date

Property Highlights

Investment Opportunity
Projected 5.3% cap rate at minimum bid (delivered vacant; assumed rent $27,000/mo)

Size
Approx. 4,400 sq. ft.
Levels
2 (Main & Lower Level)
Bedrooms
2 plus home office
Bathrooms
3 full and 1 half
Features
· Loft style with 14+ ft. ceiling heights
· Raised wood-burning fireplace
· Recently installed chef's kitchen
· Private bamboo-enclosed patio
· Professional home theater
Building
· The Legacy, a full-service luxury building
· 6 stories, 6 units
· Built 1925, converted 2007
· Limestone façade
· Roof deck with outdoor kitchen and grill
· Fully equipped gym
Location
Upper East Side (between Lexington Ave & 3rd Ave)

How to Participate

  1. Download Brochure Click Here
  2. Review Due Diligence Click Here
    Receive email access to the Due Diligence Information, which includes Tax Bill, Offer Form, and more.
  3. Tour Property
    By APPOINTMENT only on Tuesday, October 12 at 4pm, Sunday, October 24 at 12pm, or Sunday, November 7 at 12pm.

    Email [email protected] to arrange.
  4. Submit Bid by Deadline: Thursday, November 11 at 4pm EST
    You must submit a written bid by the bid deadline. Instructions are included in the Due Diligence Information.

    Buyer’s Premium 3%. Broker Participation Invited.

    Subject to prior sale. Submit bid at anytime.

This recently renovated 2-story maisonette condominium offers the best of both worlds: all the amenities one expects in a modern luxury condominium, as well as the privacy that today’s townhouse buyers appreciate. With just under 4,500 sq ft interior, plus your own terrace off of your master bedroom, this townhome-style condominium feels like a suburban home with its very own 24 hour doorman. Access the home through the building’s attended lobby or directly from the street. Marvel at the 40+ feet of open loft-like expanse with ceilings heights up to 14+ feet. The enormous home is perfect for entertaining and gets natural southern light.

Broker Participation

Click below to download registration form Download