Neo-Renaissance Upper East Side Townhouse

  • $60,000,000
Neo-Renaissance Upper East Side Townhouse
  • $60,000,000

Details

  • Mixed-use, Townhouse
  • Type de bien
  • 25,000
  • sq.ft.
  • 1904
  • Année de construction

Description

Mixed-use trophy property in the Upper East Side, Manhattan, New York City.

This unique and rare mixed-use property approved for residential and commercial use is located at 35 East 62nd St in the Upper East Side area of Lenox Hill between Park Ave and 5th Ave. Central Park is located within a 3 minutes walk only.  Lenox Hill is an affluent Upper East Side area with designer stores along Madison Avenue as well as elegant apartment buildings and townhouses. Cultural sites include The Frick Collection, showing European paintings and decorative art in an early-1900s mansion, and the massive Park Avenue Armory, which hosts avant-garde exhibitions and performances.

Unlike many of the other significant mansions that have been placed previously on the market, the story of number 35 East 62nd Street is not one of ballrooms hosting elaborate cotillons and fancy dinners of the Gilded Age. It’s not nostalgic of a bygone era, nor is it a precious relic whose interior has been stripped of all its character. For the soul of #35, since its creation, never rested on its gildings. It was conceived from a dream. Its karmic beauty draws from the historical fact that it has always been used for good. Its mission: to provide opportunity to those who seek it.

40-feet wide and comprising nearly 25,000 square feet, 35-37 East 62nd Street was commissioned by Eleanor L. Keller to house her trailblazing “Miss Keller’s School for Girls (and Boys).” Her uncle, architect George Keller, thus constructed in 1904 a glorious seven-story neo-Renaissance edifice that features a two-story limestone façade with triple arcade and Corinthian columns. The upper floors were finished in yellow brick laid in Flemish bond, highlighted with grey brick and terra cotta. The arched motif and terra cotta corbel table alternate the various floors. Perched atop and tucked just below the overhanging cornice is the handsome Doric-supported loggia, providing both a sense of privacy and serenity to the almost 3,000 square foot roof terrace.

The building has had many chapters since Miss Keller’s School. For many years, it housed a private club for the arts and artists. Exhibitions, recitals, and workshops were held in the space, but education and opportunity seemed to be a recurring theme. In 1960, it was purchased by the Fleming School. It wasn’t until 1990 when commercial use was approved for new owner Revlon, which painstakingly restored the property’s resplendent façade at a time when the City’s other notable buildings were in tragic disrepair.

Today 35 East 62nd Street offers an impossible to find property located in a prime residential setting that allows for full-commercial or mixed-use of the entire building.

The lot is approximately 40 feet by 100 feet with the building built 80-feet deep. The street-level entrance showcases an expansive, double height lobby that leads to a gigantic, impressive board room. The board room in turn opens onto a captivating conservatory with a wood burning fireplace. The commercial-sized elevator services all floors including the cellar and the roof. There are two staircases: the main staircase, which wraps around the elevator is finished with venetian plaster walls, leaving ample space for art. The secondary egress toward the rear is along the west side of the building.

Currently the various floors are white boxes with open floor plan layouts ready for use as commercial/office space. It is eminently suitable as headquarters for a high-tech company, global fashion brands, tech/new media offices, hedge fund, foundation or family office. It is also ideal for an embassy or consulate. But, of course, mixed commercial and residential use is also a possibility.

For those interested in strictly residential conversions, it can be subdivided into multiple grand apartments–in a manner reminiscent of classic European-style family compounds–or into a majestic single-family mansion with space to house all the requisite modern luxuries and amenities.

35 East 62nd Street may be purchased individually or with adjacent #41 East 62nd Street, a 35-ft wide mixed-use property to create a multi-use building, which is impossible to replicate anywhere in the prime areas of Manhattan. 41 East 62nd Street offers in excess of 16,000 sq. ft. of interior space that includes commercial office space on the lower floors and residential use on the top two floors. 41 East 62nd Street is available for $40,000,000.

When combined the two offer the impossible to find opportunities to create:

Option 1:
A grand residence with an adjoining amenity building that includes a basketball court, spa, fitness room, swimming pool, guest suites, and separate staff and security residences.

Option 2:
A grand residence with an adjoining legal family office or foundation, atelier/gallery, guest suites plus staff and security quarters.

Option 3:
Multiple-unit family compound with adjoining family office/foundation/atelier/gallery and amenity building.

Option 4:
Modern fully immersive office “experience” building complete with spa, fitness and sports facilities, lounge areas, private bar, private ballrooms for special events, theater for launches and presentations, and residences that can be used by executives and staff. The once in a lifetime opportunity to combine two buildings of this prominence would result in an unprecedented 75’ on East 62nd Street and approximately 40,000 of interior square footage set on lots 100’ deep with South-facing facades.

Building is empty and ready to be personalized with our interior design department. Photos rendering with virtual staging.

Private showing only to qualified buyers with a proof of funds.

Property Documents

Luxury real estate Upper East Side Manhattan New York USA
JFW IMMOBILIER

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