Olshan Realty Inc. Listings

Townhouse Report Created: Monday, October 09, 2017 - Listings Shown: 2

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66 West 87th Street (Click address for more details)		Listing #: 624647
Price: $8,900,000 Floors: 5 Approx Sq Ft: 4,623	Sect: Upper West Side Condition: excellent

Once home to NYC political luminaries and foreign ambassadors, 66 West 87th Street is now available for the true Upper West Sider who appreciates stunning handcarved detail worthy of Downton Abbey, coupled with must-have modern kitchen and luxurious baths. This beautiful 1895 Jacobean Revival home has a spectacular central staircase, allowing wide landings and mansion-like full width rooms front and back on all levels. The layout allows for both grand entertaining and intimate gatherings, and easily accommodates both classically elegant or more modern/transitional dcor. 1st Floor: Grand 19 x 11 reception gallery with detailed woodwork, welcoming fireplace, and separate seating nook. The southern wing features an immense @ 26x15 state of the art Chef's kitchen, with Wolf double oven, 5 burner stove-top range, professional hood, Sub Zero refrigerator, white Caesarstone counters, center work island with sink, plus a separate dining area big enough to seat 8 and an extra home office zone. French doors lead to the 37x16 professionally landscaped garden, perfect for barbecuing, relaxing, or entertaining. Off the kitchen is a full laundry room and 1/2 bath, along with bonus sink, storage, and second garden entrance. There is an additional service entrance at the front.2nd Floor: The second floor opens to an elegant 15 x 10 landing, graced by a full wall mural by famed artist Valentino Cortazar. Period pocket doors open to the elegant living room with bay windows, 11' ceilings, gas fireplace ,and original plaster trim in impeccable condition. The dining room can host your largest party under its canopy of beams and wood wainscoting. There is a bonus butler's pantry with dishwasher, sink, refrigerator, and 1/2 bath, and a private back stairway to the kitchen.3rd Floor: To the north is a fine 21 den lined with warm wood bookshelves to match the detail of the fireplace mantle. To the south lies the private master bedroom, featuring a luxurious brand new modern white bath en-suite with glass stall shower, free-standing "egg" soaking tub, dual sink vanity in white Calacatta marble, Toto toilet, and its own gas fireplace. A tremendous 14 walk in closet hides behind pocket doors.4th Floor Two generously proportioned bedrooms, each @ 17 x 15, plus new white marble shared bath, and a bonus wardrobe/dressing area. The southern bedroom also has direct access to a private roof deck overlooking the garden, and the stained glass skylight brings sunlight to the hall.5th Floor: 21.6 x 14.6 bonus bedroom, with huge storage closet and private bath. Basement Level: The finished basement has a @ 29 x 13.7 main room perfect for home gym/office/hangout, plus a 13.5 x 8.7 windowed bonus room for guests, full bath, private sauna, and separate utility room.Utilities: This home has gas fired steam heat throughout, central air on the lower floors, plus window/wall a/cs in the upstairs bedrooms. * Landmarked - Upper West Side/Central Park West Historic District* Lot: 16 x 100.67* House: 16 x 60, 5 stories, plus basement and extension* FAR as built: 2.87; Total FAR: 10. Square Footage as Built: 4,623sf PLUS 1,088sf finished basement Information provided by Property Shark.

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330 East 30th Street (Click address for more details)		Listing #: 185724
Price: $7,000,000 Floors: 5 Approx Sq Ft: 5,940	Sect: Middle East Side

This is a meticulously renovated 5 story, 21' wide, brick townhouse on a tree-lined double-width street in Kips Bay built circa 1920 which was gut renovated in 2009 with no detail overlooked. The house has 8.5 new bathrooms and 4 new kitchens, new plumbing, new wiring and electrical service, and it also has 4 state-of-the-art fuel efficient gas heat and hot water systems individually controlled and paid for by each of the tenants. The building stands 21' wide and 59' deep on a 99' lot. It is configured into a large 2400SF, 3-bedroom owner's duplex plus full finished basement and 3 free market floor-through 1200SF units each with two bedroom and two baths which were also gut renovated and are in mint condition. Each has north and south exposures, their own private south facing terrace, thru-wall A/C and a W/D. The parlor floor duplex has central A/C, also enjoys north and south exposure with a south facing terrace and has sole use of a southern garden which is landscaped and has built in irrigation and lighting systems. This unit features a huge Edwardian living room on the parlor floor with an original marble fireplace, floor to ceiling north facing windows with 14 foot ceilings and overlooks a wide tree-lined street. In total the building measures 6,200 square feet and presents the option of a turnkey investment in one of Manhattan's fastest growing neighborhoods or it can also be reconfigured back to a single-family residence. Currently as owner occupied, this property offers a Net Operating Income of over $160,000 per annum. As a straight-out investment opportunity renting all 4 units the NOI is more than $250,000 annually ? a 3.1% cap rate which is poised to increase. This property is situated on the south side of one of the most charming blocks in Kips Bay between 1st and 2nd Avenues. It is in close proximity to shopping at Fairway, entertainment, restaurants and excellent transportation and within a few blocks of major hospitals and medical professional institutions including: NYU Medical Center, the RUSK Institute, Bellevue Hospital, Alexandria Center for Life Science, Hunter College health Sciences Campus, VA NY Harbor Healthcare System and the NYU College of Dentistry. It is also in close proximity to transportation hubs and ideally located near the Queens Midtown Tunnel and a few blocks East of the 33rd St Subway station served by the 6 line and just 4 short blocks South from the crosstown bus on 34th Street. The 34th St East River Ferry Terminal is also a short distance away. The building's original details include a curving staircase, five fireplaces and completely restored original brick faade. This house is currently occupied by the owner and 3 tenants. All four units of this superb building are free market, making this a great opportunity for a single family conversion, an income producing investment or a combination live and income. The real estate taxes are currently $31,051/yr.VOWEntireListingDisplayTrue

All information regarding a property for sale, rental or financing is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer.