1 /
11
Map
$18,250,000
●
Townhouse -
Off Market
34 E 70TH Street #NA
Manhattan, NY 10021
8 Beds
9 Baths
12439 Sqft
$26,683,753
RealtyHop Estimate
46.21%
Since Dec 1, 2018
NY-New York
Primary Model
About This Property
THE WARBURG HERITAGE
The Warburg family has a remarkable history of accomplishments in finance, economics, science, art history, public policy, and philanthropy, well-documented in Ron Chernow's book The Warburgs. At the turn of the 20th century, marriage brought two Warburg brothers - Felix and Paul - from Hamburg, Germany, to New York. Felix Warburg married Frieda Schiff, daughter of financier Jacob Schiff, and at their wedding his younger brother Paul met Nina Loeb, daughter of Solomon Loeb, co-founder of the investment house Kuhn Loeb.
Paul and Nina Warburg raised their two children in New York, where Paul was a partner at Kuhn Loeb, and for several years in Washington, where Paul served as vice-governor of the Federal Reserve Board after playing a key role in its founding. In 1924, their son James Paul Warburg, a budding banker at the time, bought two townhouses at 34 and 36 East 70th Street, combining them into a single residence. Four years later, his cousin Carola Warburg and her husband Walter Rothschild built their home just across the street. The block was an irresistible choice even in the 1920's.
EAST 70th STREET
East 70th Street in Manhattan is considered extraordinary in part because it is anchored on Fifth Avenue by the exquisite classicism of the Frick Museum, the former private residence of Henry Clay Frick, who built the elegant home in 1912 for $5 million, an extraordinary sum for the time. It was designed to accommodate Henry, his wife Adelaide and their daughter Helen Clay Frick - and a staff of 27. Built on a 200' x 275' lot, Frick's fifty-foot-deep residence was designed by Carrere and Hastings, with the exterior and parts of the interior fashioned in Indiana limestone
MADISON AVENUE TO PARK AVENUE ON EAST 70 STREET
The north side of this block has only three large mansions that were developed together in 1928, an extremely fortunate fact that gives 34 East 70th Street the perfect position opposite low buildings enabling northern light to pour into the building at all times of the day. Owners of houses on the block have included Augustus G. Paine, Jr., a paper baron; Stephen C. Clark, a member of the family that founded the Singer Sewing Machine Company; Maurice Wertheim, founder of Wertheim and Co., investment bankers; and Arthur S. Lehman, a senior partner in the Lehman Brothers firm and brother of Herbert H. Lehmann, the 45th Governor of New York.
THE ARCHITECT: WILLIAM LAWRENCE BOTTOMLEY
Hired by James P. Warburg to combine two townhouses into a single home in 1924, William Lawrence Bottomley was a graduate of the Ecole Des Beaux-Arts in Paris. Of his 186 commissions, 11 are individually listed on the National Register of Historic Places. Among his other East Side designs are a mansion at 18 East 73rd Street, Turtle Bay Gardens, and the palatial River House which, prior to the construction of the FDR Drive, had a private dock for yachts
THE MANSION: THE PERFECTLY LOCATED "BLANK CANVAS"
Encompassing 37 feet in width, this building comprises approximately 12,439 total square feet. Currently configured as 10 units including a full floor apartment on the top level, the building is delivered vacant and ready for conversion to single-family.
DESIGN A GARDEN
There is considerable outdoor space in the rear which could become a private garden in several configurations, all of which receive substantial light.
CREATE YOUR HOME
This is a unique opportunity to design your own 37-foot-wide masterpiece that embodies your personal vision of modern townhouse living on arguably the finest street of Manhattan's Upper East Side.
The Warburg family has a remarkable history of accomplishments in finance, economics, science, art history, public policy, and philanthropy, well-documented in Ron Chernow's book The Warburgs. At the turn of the 20th century, marriage brought two Warburg brothers - Felix and Paul - from Hamburg, Germany, to New York. Felix Warburg married Frieda Schiff, daughter of financier Jacob Schiff, and at their wedding his younger brother Paul met Nina Loeb, daughter of Solomon Loeb, co-founder of the investment house Kuhn Loeb.
Paul and Nina Warburg raised their two children in New York, where Paul was a partner at Kuhn Loeb, and for several years in Washington, where Paul served as vice-governor of the Federal Reserve Board after playing a key role in its founding. In 1924, their son James Paul Warburg, a budding banker at the time, bought two townhouses at 34 and 36 East 70th Street, combining them into a single residence. Four years later, his cousin Carola Warburg and her husband Walter Rothschild built their home just across the street. The block was an irresistible choice even in the 1920's.
EAST 70th STREET
East 70th Street in Manhattan is considered extraordinary in part because it is anchored on Fifth Avenue by the exquisite classicism of the Frick Museum, the former private residence of Henry Clay Frick, who built the elegant home in 1912 for $5 million, an extraordinary sum for the time. It was designed to accommodate Henry, his wife Adelaide and their daughter Helen Clay Frick - and a staff of 27. Built on a 200' x 275' lot, Frick's fifty-foot-deep residence was designed by Carrere and Hastings, with the exterior and parts of the interior fashioned in Indiana limestone
MADISON AVENUE TO PARK AVENUE ON EAST 70 STREET
The north side of this block has only three large mansions that were developed together in 1928, an extremely fortunate fact that gives 34 East 70th Street the perfect position opposite low buildings enabling northern light to pour into the building at all times of the day. Owners of houses on the block have included Augustus G. Paine, Jr., a paper baron; Stephen C. Clark, a member of the family that founded the Singer Sewing Machine Company; Maurice Wertheim, founder of Wertheim and Co., investment bankers; and Arthur S. Lehman, a senior partner in the Lehman Brothers firm and brother of Herbert H. Lehmann, the 45th Governor of New York.
THE ARCHITECT: WILLIAM LAWRENCE BOTTOMLEY
Hired by James P. Warburg to combine two townhouses into a single home in 1924, William Lawrence Bottomley was a graduate of the Ecole Des Beaux-Arts in Paris. Of his 186 commissions, 11 are individually listed on the National Register of Historic Places. Among his other East Side designs are a mansion at 18 East 73rd Street, Turtle Bay Gardens, and the palatial River House which, prior to the construction of the FDR Drive, had a private dock for yachts
THE MANSION: THE PERFECTLY LOCATED "BLANK CANVAS"
Encompassing 37 feet in width, this building comprises approximately 12,439 total square feet. Currently configured as 10 units including a full floor apartment on the top level, the building is delivered vacant and ready for conversion to single-family.
DESIGN A GARDEN
There is considerable outdoor space in the rear which could become a private garden in several configurations, all of which receive substantial light.
CREATE YOUR HOME
This is a unique opportunity to design your own 37-foot-wide masterpiece that embodies your personal vision of modern townhouse living on arguably the finest street of Manhattan's Upper East Side.
Unit Size
12,439Ft²
Days on Market
445 days
Land Size
-
Price per sqft
$1,467
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1885
Last updated: 3 months ago (RLS #RPLU-21917437670)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 26, 2018 | Sold | $18,250,000 | |
Sold | |||
Sep 7, 2017 | Listed by Brown Harris Stevens Residential Sales LLC | $18,250,000 | |
Listed by Brown Harris Stevens Residential Sales LLC |
Property Highlights
Interior Details
Bedroom Information
Bedrooms: 8
Interior Information
Living Area: 12439
Room Information
Rooms: 19
Exterior Details
Land Information
Tax Block: null
Location Details
Subdivision Name: Upper East Side
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
Condo
8
Beds
8
Baths
7,536 ft²
$2,455/ft²
$18,500,000
May 29, 2014
-
Feb 5, 2021
$28,646/mo
House
7
Beds
10
Baths
13,300 ft²
$1,611/ft²
$21,425,000
Aug 3, 2020
$21,425,000
Jul 1, 2022
-
Townhouse
9
Beds
10
Baths
10,839 ft²
$1,429/ft²
$15,491,250
Sep 6, 2017
$15,491,250
Sep 23, 2021
-
Condo
7
Beds
7
Baths
6,300 ft²
$2,857/ft²
$18,000,000
Apr 12, 2013
$18,000,000
Nov 7, 2014
$22,224/mo
House
Stu
-
11,455 ft²
$1,397/ft²
$16,000,000
May 3, 2016
$16,000,000
May 23, 2018
-
Co-op
6
Beds
7
Baths
6,000 ft²
$2,600/ft²
$15,600,000
Sep 10, 2020
$15,600,000
Jan 10, 2022
$19,149/mo
Active
Condo
7
Beds
6
Baths
7,643 ft²
$2,551/ft²
$19,500,000
Mar 13, 2023
-
$25,184/mo
Active
Townhouse
6
Beds
6
Baths
8,790 ft²
$1,678/ft²
$14,750,000
Aug 5, 2022
-
$12,093/mo
Active
Townhouse
5
Beds
8
Baths
8,000 ft²
$1,999/ft²
$15,995,000
May 26, 2023
-
$8,959/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/07/2017
|
8 Bed
|
9 Bath
|
12439 ft²
|
-
8 Bed
9 Bath
12439 ft²
|
$18,250,000
11/26/2018
|
-
|
Leslie Coleman
Brown Harris Stevens Residential Sales LLC
|
Building Info
34 East 70th Street
34 East 70th Street, New York, NY 10021
- 10 Units
- 1 Unit for Sale
About Upper Manhattan
Similar Homes for Sale
$15,995,000
- 5 Beds
- 8 Baths
- 8,000 ft²
$14,750,000
- 6 Beds
- 6 Baths
- 8,790 ft²
Nearby Rentals
$10,750 /mo
- 3 Beds
- 3 Baths
- 1,685 ft²
$10,000 /mo
- 2 Beds
- 2 Baths
- 1,448 ft²