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Map
$13,764,925*
●
Commercial -
Off Market
36 East 73rd Street
New York, NY 10021
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
-
Active
Co-op
5
Beds
5
Baths
3,825 ft²
$3,333/ft²
$12,750,000
Mar 22, 2024
-
$11,992/mo
Active
Townhouse
6
Beds
6
Baths
8,600 ft²
$1,488/ft²
$12,800,000
Feb 23, 2024
-
$11,142/mo
In Contract
Townhouse
4
Beds
5
Baths
5,608 ft²
$2,317/ft²
$12,995,000
Apr 3, 2023
-
$8,359/mo
Active
Co-op
5
Beds
6
Baths
4,000 ft²
$3,000/ft²
$12,000,000
Feb 5, 2024
-
$16,638/mo
Active
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 |
---|---|---|---|---|---|---|---|---|
04/26/2021
|
|
Loft
|
-
|
-
|
$13,900,000
Loft
-
|
-
-
|
-
|
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