13 days on rocket

121 E 81st St, New York City, NY, 10028

$12,995,000

5 Bedrooms
8 Full Baths, 1 Partial
9,400 SqFt
$1,382/SqFt
Townhouse
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1899
HeatingCentral, Fireplace(s), Hot Water
BasementYes
FireplaceDen, Library, Family/Living/Great Room
ViewGarden
MLS #PRCH-8053114
StatusActive

About 121 E 81st St

37' of Frontage on 81st Street Not Landmarked or in a Historic District PRICED TO SELL Situated in the heart of the Upper East Side on a lovely townhouse block just off Park Avenue sit two contiguous townhouses located at 121-125 East 81st Street. This very unique and seldom found 37' x 102’ lot that spans both townhouses and encompasses roughly 9,400 square feet above grade is and for sale for the first time in many decades. Originally constructed in 1899, this remarkable five story property was the private residence and office of a very famous designer and music entrepreneur who lived in both as a primary residence and personal office. Below are the details of each of the houses: 121 East 81st Street - Dimensions: 20’ x 50’ - Stories: 5 - Approx. 5,390 sqft (above grade) - Lot: 20’ x 102.17’ (2,043 sqft lot) - Zoning: R8B - Annual Taxes: $75,966 - Residential FAR: 4 - Maximum usable floor area (subject to verification): 8,172 sqft - Not landmarked 125 East 81st Street - Dimensions: 17’ x 44’ - Stories: 4 - Approx. 3,984 sqft (above grade) - Lot: 17’ x 102.17’ (1,737 sqft lot) - Zoning: C1-8X - Annual Taxes: $71,429 - Residential FAR: 4 - Maximum usable floor area (subject to verification): 6,948 sqft - Not landmarked Located in a 4 FAR zone, these townhouses have a total allowable buildable size of 15,000 sq ft (subject to approvals) offering prospective buyers endless opportunities for reimagining and reconfiguration of the space and the chance to make their own mark on this prestigious property. Whether as a private residence, a live/work space, or a new construction project, the possibilities are as vast as the property's potential especially in light of the fact that the properties are not landmarked or in a historic district. Please note that the two houses are still two separate tax lots but have been opened between the two houses on both the third and fourth floors. The buildings have been immaculately maintained and will be delivered vacant. This is a co-exclusive with Lauren Muss.

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 9,400 SqFt

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Lydia Rosengarten
  • Agent Phone: (212) 371-8200

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Bookcases, Built-in Features, Cathedral Ceiling(s), Den, Entrance Foyer, Elevator, High Ceilings, Pantry, Storage
  • Fireplace: Den, Library, Family/Living/Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Building Storage, Building Garden, Garden, Private Yard, Storage

Lot Features

Lot Information:

  • Lot: Back Yard, Garden

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Hot Water

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,995,000
  • Price Per SqFt: $1,382/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

121 E 81st St vs New York

13 DAYS ON ROCKET

-83 Days

$12,995,000

+$12.1M More

$1,382/SqFt

+$742 More

KEY TAKEAWAY

This property is $12.1M more than the Median Sold Price and $742/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-8053114

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Lydia Rosengarten
  • Agent Phone: (212) 371-8200

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/2/2024, 12:15:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$64.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$39K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4768258
10
/10
  • PS 6 Lillie D Blake

  • 45 E 81st St

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-4768259
10
/10
  • PS 290 Manhattan New School

  • 311 E 82nd St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-4768260
6
/10
  • Yorkville Community School

  • 421 E 88th St

  • 0.58 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $173,113. The majority of New York, NY residents have income $200k+ annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 121 E 81st St

What is the listing price of this property?

The listing price of 121 E 81st St property is $12,995,000.

What type of property is this?

The property 121 E 81st St is a townhouse located in New York City, New York, 10028.

Is this property for sale now?

Active Listing: 121 E 81st St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 121 E 81st St has 5 bedrooms and 8 full and 1 half bathrooms.

What is the square footage of this property?

The property 121 E 81st St is 9,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 E 81st St is 1899.
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Rocket HomesNew YorkNew York10028121 E 81st St

This home is located at 121 E 81st St in New York City, NY and zip code 10028 in the Upper East Side neighborhood. This 9,400 square foot home was built in 1899. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $12,995,000.

In April 2024, from all listings sold in New York, NY there were more than 168 sold above asking price, over 748 sold below and more than 758 were sold right at the asked price. In April 2024 in New York, NY there were 3.8% more homes for sale than in March 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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