INTERNATIONAL REALTY - LoopNet€¦ · Sotheby's International Realty, Inc. are independent...
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Sotheby’s INTERNATIONAL REALTY Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity. 38 East 61 st Street, New York, New York 10065 Telephone 212 606 7737 Facsimile 212 909-8137 www.sothebyshomes.com [email protected] 3 EAST 63 rd STREET (Between Fifth and Madison Avenues)
Transcript of INTERNATIONAL REALTY - LoopNet€¦ · Sotheby's International Realty, Inc. are independent...
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212 606 7737 Facsimile 212 909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET
(Between Fifth and Madison Avenues)
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212-606-7737 Facsimile 212-909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET (Between Fifth and Madison Avenues)
LOT SIZE: Approximately 25’ x 100.42’ BUILDING SIZE: Five stories plus basement, built approximately 25’ x 65’-5” on all floors
plus an extension built approximately 30’x15’ (irregular) on the lower four floors. Ceiling heights range from 9’ (+/-) to 14’ (+/-).
BLOCK/LOT: 1378/6 ZONING: R8B, LH-1A MAX FAR: 4 GROSS SQ. FT.: 9,950 SF (+/-) not including full basement BUILDABLE S.F.: 10,040 SF (+/-) HISTORIC DIST: Upper East Side DESCRIPTION: Located steps from Fifth Avenue on a premiere townhouse block of the
Upper East Side, and offering indirect views of Central Park, this 25’ wide five-story townhouse with elevator contains 11 units and will be delivered vacant. Across from the iconic Ziegler house at 2 East 63rd Street, a 75’ wide Italian Renaissance-style marble palace, and adjacent to 820 Fifth Avenue, perhaps Manhattan’s most prestigious coop, Three East Sixty Third Street is a once in a life time investment opportunity. Described in the Upper East Side Historic District Designation Report by the Landmarks Preservation Commission as having an original style “unknown” and present style “none”, the house is a quintessential candidate for conversion into a superb single family mansion. The total existing area is approximately 9,950 S.F. not including full basement. The total buildable area is approximately 10,040 SF. The house is in good condition with ceilings approximately 14’ high on the parlor floor, windows on three sides, and fireplaces throughout. It is currently configured as two studio apartments, eight one-bedroom apartments (two with loft 2nd bedrooms), and one two-bedroom apartment. Choose your favorite architect and begin planning your bespoke dream house at one of the best addresses in Manhattan.
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212-606-7737 Facsimile 212-909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET (CONT’D.) INCOME (+/-): FL. LAYOUT_ STAT RENT PROJ. RENT LEASE EXP 1A 1BR 1B, Duplex FM $0,000 $5,500 VACANT 1B STU 1B, Terrace FM $2,600 $3,000 MONTHLY 1C 1BR 2B, Garden Duplex FM $5,058 $6,500 MONTHLY 2A 1BR 1B, Sleep Loft RC $0,000 $7,500 OWNER OCC. 2BC 1BR 1B, Den, Sleep Loft FM $0,000 $7,500 VACANT 3A 1BR 1B FM $4,100 $6,000 MONTHLY 3BC 1BR 1B FM $4,500 $6,500 MONTHLY 4A 1BR 1B FM $4,200 $5,500 MONTHLY 4BC 2BR 2B FM $5,100 $7,000 MONTHLY 5A 1BR 1B FM $4,600 $5,000 MONTHLY 5BC STU 1B, Terrace RC $0,000 $4,500 STIP. SETTLEMENT Total monthly: $30,158 $64,500 (est.) Total yearly: $361,896 $774,000 (est.) EXPENSES (+/-): R. E. Taxes (18/19) $178,241 Gas (Heat) 17,617 Insurance 8,500 Electric 5,913 Water/Sewer 5,632 Super 7,800 Elevator 4,900 Cleaning 6,240 Repairs 15,000 Total Yearly: $249,843 NOI, PROJECTED (+/-): $524,157 PRICE, REDUCED: $ 25,000,000, $23,500,000, $22,000,000 $19,995,000 CAP RATE, PROJECTED (+/-): 2.64%
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212-606-7737 Facsimile 212-909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET (CONT’D.)
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212-606-7737 Facsimile 212-909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET (CONT’D.)
View From Fifth Avenue
View From Roof
Sotheby’s I N T E R N A T I O N A L R E A L T Y
Prepared by: FRED WILLIAMS, Senior Global Real Estate Advisor, Associate Broker © MMXVIII Sotheby’s International Realty, Inc. All Rights Reserved. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby's International Realty, Inc. Equal housing opportunity.
38 East 61st Street, New York, New York 10065 Telephone 212-606-7737 Facsimile 212-909-8137
www.sothebyshomes.com [email protected]
3 EAST 63rd STREET (CONT’D.)
Proposed New Limestone Facade
