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1083A Fifth Avenue

Between 89th Street and 90th Street Carnegie Hill
$78,950,000
  • Annual Taxes $786,118
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Mortgage Terms (years)

5 7 15 20 30

Interest Rate

0%

Percent Down

0% ($0)
  • Commercial  
Subway Lines
Subway number 4 Subway number 4 Subway number 5 Subway number 5 Subway number 6 Subway number 6 Subway number Q Subway number Q
Nearby Subway Stations
  • Subway number 4

    Lexington Ave - 86th St

    7 mins
  • Subway number 5

    Lexington Ave - 86th St

    7 mins
  • Subway number 6

    Lexington Ave - 86th St

    7 mins
  • Subway number Q

    2nd Ave - 94th St

    7 mins

Essentials

  • Price$78,950,000
  • TypeCommercial

Acquisition/Value-Add site

The asset presents a truly unique possibility for potential buyers to execute a wide variety of potential possibilities including a boutique condominiums, mixed-use residential/community facility or a historic and one-of-a-kind single family residence.

Consisting of three tax lots, the property is split zoned between R10 and R8B districts and is approximately 38,626 square feet above grade with an additional 12,121 square feet of below-grade space, bringing the total gross square footage to 50,747 square feet. The maximum buildable square footage is approximately 84,189 square feet, which is inclusive of 45,563 square feet of additional rights.

However the property lies within the expanded Carnegie Hill Historic District and therefore any work to the exterior and usage of the additional air rights must be presented to and approved by the Landmarks Preservation Commission.

These three buildings, provide a unique opportunity to develop a boutique condominium on some of the world’s most coveted real estate.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Agents  Ask us a question

Carrie Chiang
Carrie Chiang Licensed Associate RE Broker p (212) 836-1088 f (212) 821-9152 ccc@corcoran.com Email Me See my 32 other sale listings
Richard Phan
Richard Phan Licensed Associate RE Broker p (212) 605-9299 f (212) 230-8126 richard.phan@corcoran.com Email Me See my 11 other sale listings
Corcoran

Carnegie Hill

Carnegie Hill

Living in Carnegie Hill

The Carnegie Hill section of Manhattan, full of magnificent townhouses rarely for sale, has convenient access to Central Park. Larger buildings house prewar apartments of six or seven rooms, known as “Classic Sixes” and “Classic Sevens.” The light in the area remains generous though, as even these magnificent co-ops are usually modest in height. The resulting old-world feel, which influences even modern condos in Carnegie Hill, illustrates why steel tycoon Andrew Carnegie selected this quiet, countrified section of Manhattan as the place to build his ultimate family home. (You can still visit it today on your way to buy or rent an apartment — it’s now a branch of the Smithsonian known as the Cooper-Hewitt museum.)

Explore Carnegie Hill

What's In The Area

Driving Walking

1083A Fifth Avenue

Between 89th Street and 90th Street Carnegie Hill
$78,950,000
  • Annual Taxes $786,118
 What will this property cost?
Calculator Fin

What will this cost?

Close
$

Mortgage Terms (years)

5 7 15 20 30

Interest Rate

0%

Percent Down

0% ($0)
  • Commercial  
Subway Lines
Subway number 4 Subway number 4 Subway number 5 Subway number 5 Subway number 6 Subway number 6 Subway number Q Subway number Q
Nearby Subway Stations
  • Subway number 4

    Lexington Ave - 86th St

    7 mins
  • Subway number 5

    Lexington Ave - 86th St

    7 mins
  • Subway number 6

    Lexington Ave - 86th St

    7 mins
  • Subway number Q

    2nd Ave - 94th St

    7 mins
map

Overview

Acquisition/Value-Add site

The asset presents a truly unique possibility for potential buyers to execute a wide variety of potential possibilities including a boutique condominiums, mixed-use residential/community facility or a historic and one-of-a-kind single family residence.

Consisting of three tax lots, the property is split zoned between R10 and R8B districts and is approximately 38,626 square feet above grade with an additional 12,121 square feet of below-grade space, bringing the total gross square footage to 50,747 square feet. The maximum buildable square footage is approximately 84,189 square feet, which is inclusive of 45,563 square feet of additional rights.

However the property lies within the expanded Carnegie Hill Historic District and therefore any work to the exterior and usage of the additional air rights must be presented to and approved by the Landmarks Preservation Commission.

These three buildings, provide a unique opportunity to develop a boutique condominium on some of the world’s most coveted real estate.

Agents  Ask us a question

Carrie Chiang Licensed Associate RE Broker p (212) 836-1088 f (212) 821-9152 ccc@corcoran.com Email Me See my 32 other sale listings
Richard Phan Licensed Associate RE Broker p (212) 605-9299 f (212) 230-8126 richard.phan@corcoran.com Email Me See my 11 other sale listings

Essentials

  • Price$78,950,000
  • TypeCommercial

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker. Owned and operated by NRT LLC.

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