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$ 5,000,000
Est. payment | /mo
2 Beds
1 Bath
1,530 SqFt
$ 5,000,000
Est. payment | /mo
2 Beds
1 Bath
1,530 SqFt
Key Details
Property Type Co-op
Sub Type For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $3,267
Subdivision Murray Hill
MLS Listing ID 1006249
Bedrooms 2
Property Sub-Type For Sale
Property Description
Built in 1857, this five-story Anglo-Italianate brownstone with approximately 4,000 square feet above ground plus a full basement is located on the most beautiful tree-lined block in the Murray Hill Historic District. The property currently consists of two apartments: a garden duplex with 2 bedrooms and 1-1/2 bathrooms and the owner's triplex with 4 bedrooms, 3-1/2 bathrooms, a sunny south facing terrace and a roof deck with stunning views of the Empire State Building and Chrysler Building. Both apartments have been renovated and are in move-in condition.
The garden duplex regularly rents for over $6,000 per month ($72,000 per year), but the house can also be delivered vacant. Therefore, this property is perfect for live/income, live/work or easy conversion back to single family house. Rental income of at least $72,000 per year from the garden duplex more than covers real estate taxes of only $37,000 per year and is enough to cover annual interest on a $2,400,000 mortgage loan at 3%.
In the late 1940s and early 1950s, the house was occupied by film and stage actors Hume Cronyn (1911-1994) and his wife, Jessica Tandy (1909-1994). Cronyn made his film debut in 1943 in Alfred Hitchcock's Shadow of a Doubt and went on to collaborate with Hitchcock on several other films. On Broadway, he often teamed with Tandy, appearing together in The Fourposter, A Delicate Balance, The Gin Game, and Foxfire. Tandy started her career in London playing opposite Laurence Olivier and John Gielgud in Shakespearean roles. In 1989 near the end of her career, she became the oldest actress to receive the Academy Award for Best Actress for her role in Driving Miss Daisy.
The garden duplex regularly rents for over $6,000 per month ($72,000 per year), but the house can also be delivered vacant. Therefore, this property is perfect for live/income, live/work or easy conversion back to single family house. Rental income of at least $72,000 per year from the garden duplex more than covers real estate taxes of only $37,000 per year and is enough to cover annual interest on a $2,400,000 mortgage loan at 3%.
In the late 1940s and early 1950s, the house was occupied by film and stage actors Hume Cronyn (1911-1994) and his wife, Jessica Tandy (1909-1994). Cronyn made his film debut in 1943 in Alfred Hitchcock's Shadow of a Doubt and went on to collaborate with Hitchcock on several other films. On Broadway, he often teamed with Tandy, appearing together in The Fourposter, A Delicate Balance, The Gin Game, and Foxfire. Tandy started her career in London playing opposite Laurence Olivier and John Gielgud in Shakespearean roles. In 1989 near the end of her career, she became the oldest actress to receive the Academy Award for Best Actress for her role in Driving Miss Daisy.
Location
State NY
Community Murray Hill
Interior
Flooring 1
Building
Story 5
Others
Pets Allowed Unknown
Listed by Douglas Elliman