36 E 73rd St, New York City, NY, 10021

36 East 73rd Street New York, NY 10021 is a landmark townhouse that was first built in 1887 and later reconfigured in 1910 with the present neoclassical limestone and brick facade, which includes 5 stories and a basement and one block away from Central Park.<br><br>Elegantly located just off a prime stretch of Madison Avenue on a charming tree-lined block, the building is zoned for both residential and multiple businesses classes, providing a unique opportunity to redevelop this prime 20' x 87' parcel with app. 6,730 ft of interior space and app. 500 ft of exterior, for a total including the lower level of app. 8,070 ft of interiors.<br><br>Presently configured with 2 floors noted antique gallery with app 1,340 ft footprint on the ground level and 1st floor, and app. 1,340 ft of lower-level space, highlighted by prominent glass vitrines at street level; the building comes with a separate residential entrance that leads to elevator to 3 units (4 units total).<br><br>A large-sized elevator, designed to transport wide-ranging artworks and furniture, connects every level along with a separate staircase. The 3 upper residential floors currently contain 3 full-floor rental apartments, which can easily be combined into a sprawling triplex with roof deck or converted into other layouts.<br><br>Based upon current zoning and entitlements, the building plot comes with a total of 10,500 ft of Air Rights, enabling 2 additional levels of interior space plus a developable roof.<br><br>Adjacent to the premier stretch of Madison Avenue boutiques (that have all been leased in the 60's/70's and should open in the next 6 months), with convenient access to the Upper East Side's premier cultural and recreational landmarks, the property benefits from robust foot traffic and efficient links to public transportation.<br><br>This elegant and adaptable property awaits new owners with a new vision to maximize its potential and underlying value.