120 E 61st St
New York, NY, 10065
$7,800,000
7 Beds
8 Baths
7,200 SqFt
0 Acres
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Classic European style Townhouse on a tree lined block off Park Ave, was built on 1899, located in the heart of the Upper East Side. Superb 20′ Classic Townhouse on quiet Landmark tree-lined block.Near the prime intersection of Park Avenue and 64th Street, this residence offers absolute privacy while providing easy access to Central Park, the finest restaurants, high-end shops, vibrant cafes, as well as world-renowned museums, theaters, and galleries.This five story, approximately 6500 square foot, two family duplex and medical office have an elevator access to every floor and lovely south facing terraces and a south facing little garden.The Ground level and basement are a medical Duplex Office.The lower Duplex is located on the first and second floor: Fabulous Full Three Bedroom with FDR on Parlor Floor of superb 20′ Classic. Master bedroom has a large, luxury bathroom with a sauna, Jacuzzi, stall shower approx. 600 sf.The Upper Duplex: 4 bedrooms, 3 bathrooms penthouse duplex apartment. Enter through a private elevator which opens directly to the entry foyer. This bright duplex offers great natural light exposures throughout as well as 2 wood burning fireplaces. The eat-in kitchen has abundant granite counter-tops and includes a dishwasher and washer/dryer.The master bedroom features an en suite bathroom and an attached smaller room which could easily serve as a home office or a babys room. The master bedroom also boasts access to its own huge terrace. All of the bathrooms are full-sized and have been updated. A charming spiral staircase leads to an expansive private roof deck which is perfect for hosting large group events and also offers great city views. There is abundant closet space throughout, including a walk-in closet as well as built-in storage. The duplex also features a maids room, completing this ideal family home.The 2 units and medical space are rented for a total income of $25, 000/month.Dr office: $6400 a month. Expires: 3-2023 (2021 rent $6650month; 2022 rent $7000 month) Lower duplex: $10, 000 a month (month to month value $15-18k)Upper duplex: $10, 000 a month. Value $12-14, expires: 6-2021Taxes: $87, 277 (annual)Dr. OfficeHigh Rent Pre-Covid$10, 000StatusRented till 2023 Post-Covid Rent$6, 650Lower Duplex3 bedrooms 2.5baths High Rent Pre-Covid$15, 000Post Covid Rent$10, 000 Upper Duplex4 bedrooms 3baths + terrace+ Roof DeckHigh Rent Pre-Covid$12, 000 StatusRented till June 2021Post-Covid Rent$10, 000Total annual High Rent Pre-Covid $452, 400Total annual Post-Covid Rent $319, 800ExpensesInsurance: $5, 100Gas & electricity: $12, 718Tax: $87, 783 Repairs: $9, 125Water and sewage: $2, 074Total expenses: $116, 800 Total annual income before Covid: $335, 600Total annual income Post covid: $203, 000
Listing courtesy of Asher Alcobi at Peter Ashe Real Estate- Peter Ashe Real Estate

Property Details

Price:
$7,800,000
MLS #:
2916406118
Status:
Active
Beds:
7
Baths:
8
Address:
120 E 61st St
Type:
Single Family
City:
New York
Listed Date:
May 20, 2020
State:
NY
Finished Sq Ft:
7,200
ZIP:
10065
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120 E 61st St
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