510 east 85th Street
US - New York, NY
JLL has been retained on an exclusive basis to arrange for the sale of 3 West 75th Street, a historic 21-foot-wide multi-family townhouse located on the north side of West 75th Street directly across from Central Park.
Between 1890 and 1894, the developer/architect team of John Umberfeld and George M. Walgrove designed and built the entire block of historic homes on the north side of the street from No. 3 to No. 53, all in the Renaissance Revival style popular in the latter part of the Gilded Age. 3 West 75th Street, owned and expertly managed by the same family for multiple generations, is being offered for sale for the first time in 45 years.
The property is currently configured as ten apartments, all but one of which are free-market and renovated to a high standard of finish. Duplex additions have been added to the two ground floor units and two top floor units, with the penthouse apartments featuring spectacularly bright outdoor spaces, 10’10” beamed ceilings and exposed brick walls. Other property features include a generously sized garden, 12’ ceilings on both the parlor and 3rd floors, and an exceptional level of well-preserved period detail throughout the entire property including opulently trimmed triple-bay windows, original stairs and parquet floors, leaded windows with stain glass inlays, and detailed decorative moldings and wainscoting.
Historic in pedigree, generous in width and ideally situated just steps from Central Park, 3 West 75th Street represents an unparalleled opportunity to create an exceptional owner’s quadruplex in one of the world’s most desirable residential locations, or to continue its current use as a high-end multifamily investment with tremendous future value-add potential.