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32 West 85th Street, New York, NY 10024

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For Sale

$7,488,888

7 beds • 4 baths • 5,127 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,460.68
    Price per square foot

Explore this Property

"HISTORIC RENAISSANCE REVIVAL TOWNHOUSE WITH DEVELOPMENT POTENTIAL Rare Investment Opportunity in Central Park West Historic District This magnificent 1897 Renaissance Revival townhouse presents an extraordinary opportunity to own a piece of Upper West Side history while capitalizing on valuable development potential. Spanning 5,127 square feet with an additional 1,077 square feet in the cellar, this 17-foot-wide architectural masterpiece offers untapped air rights of approximately 800 sf for potential vertical expansion. Post expansion you'll have 7,000+ sf including the basement! ARCHITECTURAL GRANDEUR The grand parlour floor showcases impeccable period details with soaring 11'4"" ceilings, including: Original woodwork and ornate fireplaces Elegant pocket doors with pristine detailing Stunning stained glass windows Gracious bay windows flooding the space with natural light Formal stair hall with original banister Butler's pantry Turn-of-the-century hand-painted ceiling in parlour room HISTORICAL SIGNIFICANCE Designed by renowned architect George Frederick Pelham, this townhouse represents one of his final residential masterpieces before transitioning to iconic Upper West Side apartment buildings. The property's cultural significance is enhanced by its role as a filming location for ""Boardwalk Empire"" and includes a mirror from the legendary Studio 54. INVESTMENT POTENTIAL Available air rights for vertical expansion Strong structural integrity ideal for renovation Neighboring property at 30 West 85th Street recently sold for $18.3M after renovation Prime location in Central Park West Historic District Advantageous lot dimensions: 17-ft x 102.17-ft Building dimensions: 17-ft x 55-ft Favorable tax structure LOCATION & ACCESSIBILITY Perfectly positioned in the heart of the Upper West Side, offering: Steps from Central Park Premium dining and shopping Cultural attractions Crosstown bus on 86th Street B/C and 1 trains nearby Easy access to major transportation hubs PROPERTY DETAILS Price: $7.4M Square Footage: 5,127 (plus 1,077 SF cellar) Configuration: Multi-level townhouse Year Built: 1897 Style: Renaissance Revival Location: Central Park West Historic District This rare offering combines historical prestige with significant development potential, presenting an exceptional opportunity for buyers seeking to create their dream residence in one of Manhattan's most coveted neighborhoods."
MLS# 11487076

Courtesy Of Compass

(212) 913-9058

Property Features

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Directions to 32 West 85th Street, New York, NY 10024

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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