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268 East 7th Street

$5,150,000 (approx. £3,962,000)
Upper East Side, New York
Property reference: NYB0263
$5,150,000 (approx. £3,962,000)
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  • Description
  • Amenities
  • Location
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KEY FEATURES
  • 5 Bedrooms
  • 4 Bathrooms
  • Entertainment Room
Full Description
Living Area:  5,200 sq ft

Located in the heart of the East Village, 268 East 7th Street represents an incredible opportunity to create your dream home.

Currently configured as a 22' 6" wide, five-story, free market, three-unit building, the possibilities are endless. This unique scenario gives its purchaser the option to live in an income producing townhouse, or utilize all existing floors as a single-family residence. As an added benefit, you will enjoy very low operating costs with real estate taxes for the entire building currently at $7,500 for the full year. The purchase of the building also includes landmark approved plans by Grzywinski + Pons for a six-story (plus roof deck) two unit townhouse encompassing nearly 8,300 sqft., available upon request. The building's current configuration is as follows: a lower duplex with garden, middle floor through with terrace and an upper duplex with large vaulted ceilings. In a neighborhood rich with history, this area of the East Village was referred to in the 1800s as the "Dry Dock District" due to the grand ships that were once built along the East River from 12th to Grand Street. Around 1900, this block was renamed “Political Row”, housing lawyers, judges, and politicians connected to famed Tammany Hall. Just around the corner from Thompkins Square Park, don't miss this chance to live in a beautiful brownstone in the East Village, with the optionality to produce income, while considering a conversion to an 8,300 square feet property.

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