See Home Value
$35,000,000
Multifamily - Off Market

38 -40 East 75th Street

New York City, NY 10021
bedrooms
Studio
bathrooms
0 Bath
$52,524,106
RealtyHop Estimate
50.07%
Since Jan 1, 2018
NY-New York
Primary Model

About This Property

Rarely do two connected buildings on an absolutely gorgeous block come to market at the same time. Here is your chance to create a truly spectacular home built by the renowned architects Thom & Wilson. Originally built in the early 1880's both buildings share an easily combined commonality-they are 20' and 18' wide respectively. They can be combined to create a property with 38' of frontage in what is considered the "Gold Coast Territory" of the Upper East Side. The elevations for the floor levels of both 38 and 40 East 75th Street align correctly on the ground floor and vary only slightly above it. Both sit on lots that have a depth of 102.17 with spacious extensions. 38 East 75th is Five stories, and 40 East 75th Street is Six stories, and HAS an Elevator. BOTH BUILDINGS CAN BE DELIVERED VACANT, but would be ideal candidates for conversion into a grand residence, school, or non-profit organization. The facade rendering shown in the pics reflects changes already effected to 40 East 75th Street, and goes back to what the original facade looked like for 38 East 75th Street. Currently one building-38 is configured into 9 individual rental units. 40 has 10 individual rental units of varying sizes.THE BUILDINGS CAN BE SOLD SEPARATELY. Please see individual building information. 38 has eight apartments which are currently rented furnished by the month. One has a very large terrace on the 3rd floor at the rear of the apartment. There is a spacious and dramatic 4 bedroom triplex with a double height LR and a glass wall to a rear patio. It takes up the entire ground floor plus the rear third of the second and third floors. This apartment represents about 1/3rd of the current building size and has its own interior staircase. It is approximately 2300sqft. 40 has 10 apartments, which include two 1 bedroom apartments, and one 2 bedroom penthouse duplex. There are no stabilized apartments in either building and currently no long term leases.Call for more information. This is an Owner Broker Listing - Co-Exclusive with Corcoran.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1882
Last updated: 7 years ago ( #RPLU-63216713339)

Price History

Date / Event Date Event Price
Dec 17, 2021 Sold to 38 East 75 Owner Llc $8,500,000
Sold to 38 East 75 Owner Llc
Dec 14, 2017 Listed by Halstead Property, LLC $35,000,000
Listed by Halstead Property, LLC

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$41,000,000 Jun 9, 2016
$41,000,000 Jan 31, 2017
-
Co-op
5 Beds
7 Baths
-
$35,000,000 Dec 5, 2016
$35,000,000 May 9, 2017
-
Condo
4 Beds
5 Baths
5,721 ft²
$6,118/ft²
$35,000,000 Nov 17, 2021
$35,000,000 Aug 14, 2023
$16,842/mo
Townhouse
11 Beds
12 Baths
-
$36,000,000 Feb 18, 2022
$36,000,000 Mar 4, 2022
-
Condo
4 Beds
6 Baths
6,003 ft²
$5,440/ft²
$32,658,764 Sep 19, 2014
$32,658,764 May 21, 2015
$12,965/mo
Condo
5 Beds
7 Baths
6,466 ft²
$5,026/ft²
$32,500,000 Jan 11, 2021
$32,500,000 Apr 5, 2023
$16,837/mo
Other
Loft
10 Baths
16,000 ft²
$2,250/ft²
$36,000,000 May 31, 2023
-
-
Condo
6 Beds
8 Baths
7,288 ft²
$4,802/ft²
$35,000,000 Jun 19, 2023
-
$29,760/mo
Co-op
5 Beds
8 Baths
-
$35,000,000 Apr 9, 2024
-
$23,733/mo
Condo
8 Beds
9 Baths
12,000 ft²
$2,917/ft²
$35,000,000 Mar 13, 2023
-
$36,768/mo
Townhouse
6 Beds
7 Baths
9,800 ft²
$3,673/ft²
$36,000,000 Apr 4, 2024
-
$18,500/mo
Townhouse
8 Beds
12 Baths
11,804 ft²
$3,050/ft²
$36,000,000 Mar 8, 2024
-
$16,972/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200311 Unit NA
03/11/2020
NA
12 Bed
12 Bath
6627 ft²
$9,500,000
bedrooms
12 Bed
bathrooms
12 Bath
square feet
6627 ft²
$8,500,000 -10.53%
12/16/2021
-
Anna Kahn
Brown Harris Stevens Hamptons
20171105
11/05/2017
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

38 East 75th Street 38 East 75th Street, New York, NY 10021
  • 9 Units
More about this Building
38 East 75th Street
Want to find out who owns 38 East 75th Street, New York, NY 10021? Get detailed property transactions here .

About Upper Manhattan


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