See Home Value
$13,764,925*
Commercial - Off Market

36 East 73rd Street

New York, NY 10021
bedrooms
Studio
bathrooms
0 Bath
$11,520,000 - $14,080,000
Reference Base Price*
7.54%
Since May 1, 2022
NY-New York
Primary Model

About This Property

The Connoisseur Building is a 5-story mixed-use elevator building located at 36 East 73rd Street between Madison and Park Avenues in the heart of the Upper East Side, on a charming tree-lined street within steps of Central Park and Manhattan's most exclusive boutiques. This is a unique opportunity for an end-user, investor, or retailer.     36 East 73rd Street is currently configured as a two-story retail store and three floors of residential space above, which are accessible by a keyed elevator. The future owner could reside above, and rent out the retail component and enjoy the high rent district of the Madison Avenue corridor. The estimated rent from the retail portion will offset the carrying costs of this exceptional property.    The property will be delivered vacant providing new owners the opportunity to make the building truly their own creation. The possibilities range from immediate move-in to value-adding upgrades including the construction of an additional floor or a roof deck.     The residential rental apartments are large with high ceilings, fireplaces, and private keyed-elevator landings. An end-user or investor will renovate the residential portion of the building (end-user for private living quarters, and investor for high-end rentable apartments). There is natural light on each floor from the front and rear windows of the property. Each floor is overlooking the charming garden surrounded by a beautiful green trellis. There is a finished basement the full length of the townhouse. The building mechanicals have been properly maintained and are located in the front and rear in designated mechanical rooms of the finished basement, leaving the center of the basement for use; currently the area serves as storage for the store.    The 20-foot-wide townhouse is located within the Upper East Side Historic District (Landmarks Preservation Commission-LPC). The LPC designation report describes the alteration (and the existing mixed-use building) as "non-contributing" to the character of the District; such buildings can usually be replaced to the extent allowed by current zoning without objection from the Landmarks Preservation Commission.    While the Madison Business District calls for a high-end shop on the ground floor, the floors above can be configured flexibly (residential or commercial), depending on the best use scenario for the future owner.    The townhouse was originally built by Charles Buek in 1886-1887. Buek was a developer and architect and worked mostly on the east side of Manhattan. He was known for designing large and elaborate private homes and apartments for wealthy clients. In 1941 the building faA§ade was altered by architect, J. Lewis Mayers. Ernest Werner, Broker, was the first resident at No. 36.    The property is conveniently located within a range of 6 to 11 minutes walking distance to Central Park, St. Catherine's Park, Grand Army Plaza, and John Jay Park. Further, the walking distance range is 3 to 8 minutes to the following museums: Guggenheim Museum, Cooper Hewitt Museum, Frick Collection, Asia Society, and The Met Breuer Museum.    The retail space is currently occupied by the antique store, "L'Antiquaire & the Connoisseur." The shop was founded in 1934 by the first female arts dealer in America. In recent years, the area's antique stores have given way to more contemporary distinguished brands such as Apple, whose Upper East Side location is directly across the street, LA©vy Gorvy's art gallery is the building's neighbor, and luxury retailers such as Ralph Lauren, Christian Louboutin, Lanvin, and FrA©dA©ric Malle all have their shops just steps from 36 East 73rd Street.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$13,000
HOA Dues
-
Year Built
1887

Price History

Date / Event Date Event Price
Apr 28, 2022 No longer available -
No longer available
Feb 24, 2022 Relisted $12,800,000
Relisted
Feb 21, 2022 No longer available -
No longer available
Jun 26, 2021 Price Decreased $12,800,000
↓ $1M (7.3%)
Price Decreased
May 5, 2021 Price Decreased $13,800,000
↓ $100K (0.7%)
Price Decreased
Show More

Property Highlights

Garage
With View


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$14,500,000 Apr 8, 2015
$14,500,000 Feb 26, 2016
-
Condo
4 Beds
5 Baths
4,337 ft²
$2,882/ft²
$12,500,000 Aug 6, 2021
$12,500,000 Nov 17, 2022
$11,326/mo
Co-op
2 Beds
3 Baths
-
$12,475,000 Sep 17, 2021
$12,475,000 Jan 12, 2022
$4,927/mo
Co-op
4 Beds
4 Baths
-
$11,750,000 Jan 29, 2021
$11,750,000 Jul 15, 2021
$6,789/mo
Co-op
4 Beds
6 Baths
-
$13,500,000 Oct 11, 2018
$13,500,000 Feb 14, 2020
$11,518/mo
House
6 Beds
7 Baths
8,500 ft²
$1,587/ft²
$13,490,000 Mar 5, 2021
$13,490,000 Sep 10, 2021
-
Co-op
5 Beds
5 Baths
3,825 ft²
$3,333/ft²
$12,750,000 Mar 22, 2024
-
$11,992/mo
Townhouse
6 Beds
6 Baths
8,600 ft²
$1,488/ft²
$12,800,000 Feb 23, 2024
-
$11,142/mo
Co-op
2 Beds
3 Baths
-
$13,500,000 Feb 5, 2024
-
$12,961/mo
Townhouse
4 Beds
5 Baths
5,608 ft²
$2,317/ft²
$12,995,000 Apr 3, 2023
-
$8,359/mo
Co-op
5 Beds
6 Baths
4,000 ft²
$3,000/ft²
$12,000,000 Feb 5, 2024
-
$16,638/mo
Townhouse
6 Beds
3 Baths
6,800 ft²
$2,007/ft²
$13,650,000 Mar 6, 2020
-
$11,552/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210426
04/26/2021
Loft
-
-
$13,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Richard Pino
New York Residence, Inc.

Building Info

36 East 73rd Street 36 East 73rd Street, New York, NY 10021
  • 3 Units
  • 1 Unit for Sale
More about this Building
36 East 73rd Street
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