Rose Hill Tops Out

Following the unveiling of Rose Hill, one of the new residential developments in Manhattan's NoMad neighborhood that represents a modern era of Gotham-esque architecture and design by award-winning New York-based design firm CetraRuddy, legendary developer Rockefeller Group has announced that the 45-story luxury tower has topped out. Rising over 600 feet and located at 30 East 29th Street between Madison and Park Avenues, Rose Hill draws a direct connection to Rockefeller Center with its heavy prewar, Art Deco influence and will be comprised of 123 spacious, studio-to-four-bedroom residences including penthouses, and a vast amenities collection.

credit: Will Femia

In a historic neighborhood that itself was once known as Rose Hill – a nod to the 130-acre Rose Hill Farm estate that occupied the land – the building offers cinematic views of New York City and the Manhattan skyline. Rose Hill is eloquently clad in a bronze-tone façade, accented by intricate detailing that frames expansive glass windows. Decorative lighting will illuminate the tower’s base and crown to highlight the building’s unique articulation.

“It’s been a phenomenal journey seeing this project come to fruition and take its place among the historic crowns of New York City with its distinct architectural design,” said Meg Brod, Rockefeller Group’s Senior Vice President and Regional Development Officer in the Northeast U.S. “We have created a tower that is authentic to our legacy and speaks to today’s buyers with its inventive flex spaces that can be customized to one’s needs as well as curated a robust amenities package with premier community partnerships. We look forward to welcoming residents home next fall.”

The Art-Deco inspired condominium will offer an abundance of amenities, including premier partnerships with New York-based businesses, and closings are anticipated to begin in late 2020.

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Inside This 2 Acre Amagansett Home Seconds Away From Indian Wells Ocean Beach

As we head head into the holiday season, many of us are counting down the days until Black Friday and Christmas. If your like us your counting down until the Summer season to return back to the Hamptons.

New to the market in Amagansett, 84 Indian Wells Hwy, has just been listed for $9,525,000, famously known as the first summer home built in Amagansett built in 1875. The offers 2.1 acres perfect for any outdoor event, being one of the largest parcels south of the highway.

The home is an existing farmhouse with a pool and 3 car detached garage is set back far from the road allowing for a dramatic entry to the rolling front lawn.  Renovate and expand or build a dream compound – options are endless.

Scroll through to see more of the Amagansett beach home.

Randi Ball at Corcoran is the listing agent.

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Brookfield, Park Tower Group Break Ground for Next Phase of Development at Greenpoint Landing

Brookfield Properties and Park Tower Group today broke ground on the next phase of development at Greenpoint Landing, including one acre of additional public waterfront open space designed by James Corner Field Operations and two new residential towers designed by the acclaimed international architecture firm OMA. Together with an adjacent seven-story building, the two new towers will bring a total of 745 units of housing – 30 percent of which will be income-targeted through the Affordable New York program – and public open space to the neighborhood, expanding the existing esplanade and unlocking this section of Greenpoint waterfront for the first time in generations.

Renderings by OMA

Brookfield and Park Tower Group also announced today that Two Blue Slip, the second residential tower at Greenpoint Landing designed by Handel Architects, will begin leasing in spring of 2020.

“Together with Park Tower Group, we are revitalizing an underutilized and neglected waterfront into a thriving section of the neighborhood through much-needed housing and public greenspace along Greenpoint’s breathtaking shoreline. We’re thrilled to break ground on our two new towers and bring new ground-floor retail and waterfront access to the community,” said Maria Masi, Senior Vice President, Multifamily Development at Brookfield Property Partners.

“This groundbreaking represents a major step forward towards realizing our vision for Greenpoint Landing. Between our new developments with Brookfield and extending our esplanade with world-class landscape design by James Corner Field Operations, Greenpoint Landing will provide the community with significant waterfront access and redefine the Brooklyn skyline,” said Marian Klein, President of Park Tower Group.

This next phase of development at Greenpoint Landing will add more than 40,000 square feet of new public greenspace to the existing public waterfront esplanade, creating a total of 2.5 acres of continuous public open space along the shoreline. The new open space will focus on natural landscaping and expansive green spaces, creating a variety of experiences along the shore, including a lawn, picnic area, garden walk, and some salvaged maritime pieces found at the site.

The esplanade’s expansion will make Greenpoint’s waterfront more publicly accessible through a new pedestrian connection on Dupont Street and the extension of Eagle Street to the waterfront, completing the public esplanade from Eagle Street to Box Street Park.

The esplanade will be constructed by Brookfield Properties and Park Tower Group and donated back to the City so it can function as a public park in perpetuity. The esplanade is also adjacent to the newly reconstructed Newtown Barge Park newly built and operated by the City.

In fall 2017, the Waterfront Alliance announced it certified this first phase of Greenpoint Landing into its award-winning Waterfront Edge Design Guidelines (WEDG) program for excellence in waterfront design and resiliency.

In addition to mixed-income housing, the new towers will add 8,600 square feet of ground-floor retail to the neighborhood along Dupont Street and West Street. Brookfield is completing the last segment of West Street roadway and bike path in Greenpoint which will finally connect key existing commercial and residential corridors and activate the edge of the neighborhood.

“We’re excited to begin construction on what will be a new hinge point between Greenpoint and the waterfront. The two towers are flanked by smaller buildings – 7 stories at the corner and 3 stories at the water – to create a continuous yet shifting perimeter around the block. This variegated edge will extend Dupont and Eagle streets to bring activity and access to the East River,” said Jason Long, OMA Partner-in-Charge.

The towers’ facades feature precast concrete panels surrounding large, eight foot by eight foot windows. Like the buildings’ forms, the precast panels are carved by a series of angled planes. Oriented differently for each block – vertical, horizontal or diagonal – the carved faces react dynamically to the movement of the sun throughout the day. Marmol Radziner is the interior designer and landscape designer for the buildings and Beyer Blinder Belle is the executive architect and unit interior designer.

In a joint venture with master developer Park Tower Group, Brookfield is developing a total of 2,000 units across four development sites at Greenpoint Landing. The first building, One Blue Slip, opened in August 2018, along with 1.5 acres of public waterfront open space. One Blue Slip features 359 units, 90% of which have views of the East River and Manhattan skyline. The building includes top-tier amenities designed by Gachot Studios, providing residents with curated, thoughtfully designed indoor and outdoor spaces to relax, socialize, share meals, work, exercise, and more with views of the Manhattan skyline. A second building, Two Blue Slip, will open in January 2020.

Greenpoint Landing is a 22-acre site situated along a half-mile of East River waterfront, being developed by Park Tower Group. In 2005, the City of New York designated the site for residential use under the Greenpoint-Williamsburg rezoning. In its entirety, Greenpoint Landing will include an estimated 5,500 residential units – 1,400 of which are affordable housing – as well as a new pre-k through 8th grade public school and four acres of public open space.

In addition to the four sites currently being developed in a joint venture between Brookfield and Park Tower Group, an additional 300 units of affordable housing have already been completed in a joint venture between Park Tower Group and L&M Development Partners.

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Our Favorite Listing: Former Architectural Digest Chief's Sutton Place Co-op

Sadia Rahman

A premier Rosaio Candela prewar co-op with East River and bridge open views located in the elegant Sutton Place enclave was recently reduced from $2.75 million to $2.5 million. 30 Sutton Place, Unit 14C was once owned by Cleon (Bud) Knapp --  the former Chairman and CEO of Knapp Communications Corporation, where he developed and published Architectural Digest and Bon Appétit magazines, which were sold to Conde Nast Publications, Inc.

This co-op is within walking distance of the best Manhattan has to offer in shops and restaurants. Architectural Candela details and grand room proportions remain intact as the apartment was originally the bottom half of the building’s duplex penthouse.

The high ceilings, and oversized double windows flood the rooms with natural light and sweeping panoramic views. The private elevator vestibule leads into an attractive foyer that opens into a double sized living room with wood burning fireplace and ceiling height soaring to 10’-9”. The east facing double master bedroom has wood burning fireplace, dressing room and luxurious baths with heated floors.

The north facing paneled library has a separate wet bar, en suite bath, ample bookshelves and oversized large windows overlooking city skyline and bridge. The traditionally proportioned formal dining room leads to a professionally equipped windowed kitchen with 3 sinks, 2 dishwashers, ample storage and washer dryer.

This building has a live-in resident Manager, gym, laundry room and private storage space. Sutton Place is a small quiet midtown community noted for its charm, river walks, parks, and convenience to transportation and shopping.

The current owners bought the unit directly from Knapp and his wife Betsy in the late 90's.

Marcy Pedas Sigler at Compass is the listing agent.

Related:

• Ryan Serhant Launches South of Hudson Yards (SoHY)

• Real Estate Trends in the Six Biggest U.S. Cities

• A Look At The Only Private Terrace In Midtown For $9.9M

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Real Estate Trends in the Six Biggest U.S. Cities

Renters and property investors alike should stay up-to-date on the latest real estate trends. Buyers looking to invest in city real estate will benefit from knowing what's happening in the industry. But which city will yield the best return on investment?

Real estate market trends are constantly changing, so staying up-to-date and well-informed is crucial if you're looking to invest in a home, condo or rental property. Here’s an overview of the top six biggest cities in the U.S.

1. New York

The balance of power has shifted to buyers in New York City as both sales and prices of condos fell sharply in the third quarter of 2019. The median sales price has dropped 8.2% in the last year. As properties sit on the market for longer stretches of time, sellers lower their prices in hopes of selling.

This doesn’t mean the city is necessarily any cheaper for residents — New York is still home to 28 of the top 50 most expensive ZIP codes in the U.S. With no shortage of buyers in Manhattan, however, deals will continue to close as sellers become more willing to lower prices.

If you're looking to buy and hold on to your investment for a few years, now is the perfect time to take advantage of these lower prices. If you're looking to sell, it may be smart to hold onto your property and wait for the market to shift in your favor.

2. Los Angeles

The Los Angeles real estate market is a bustling hotbed of activity for both buyers and sellers. Home values have never been higher, yet the buyer demand remains even as prices continue to increase. The median rent in the city is $3,607 and rates are expected to grow. Forecasts predict the median home value in L.A. will increase 2.5% in the coming year.

An implicit lack of housing will continue to boost home value, meaning more people will rent. As they do, rent rates will increases to match demand, making buy and hold strategies very appealing. So, if you're looking to invest in the L.A. real estate market, consider doing so soon.

Buying a home or rental property now could result in years of appreciation if the predicted market forecast comes to fruition.

3. Chicago

Now is the perfect time to both sell and buy in this bustling city. Overall, home prices remain high and inventory is on an upward trend. Additionally, mortgage rates are nearing historic lows. What does this mean for investors?

The mid-range housing market is becoming increasingly competitive as buyers are choosing these homes over high-end luxury homes. However, sale prices on large houses that have been on the market for months — even years — are starting to attract buyers.

This trend signals stability and spells balance for the market's future. Property owners should feel a boost in confidence after Chicago's intimidating bidding-wars of recent years.

4. Houston

A lack of demand for higher-end homes is taking a toll on Houston's housing market. A growing number of homes are selling slower, for less than their listed price. This dip in the real estate market appears to be driven by prices rising more quickly than investors can afford.

A depreciating market won't impact all properties the same, however. Prices of mid-range homes are on the rise, while softening is more obvious at the luxury end of the market. That being said, the market's future is uncertain. While massive foreclosures are unlikely, property appreciation may come to a halt and selling could become increasingly difficult.

5. Phoenix

Investors and buyers in the Phoenix area are competing for limited inventory. The city's housing market proves to be one of the tightest in the nation since population growth has prompted an increasingly high demand for homes. New residents have moved to the area in hopes of escaping more expensive markets. But, there's simply not enough supply in the face of this demand.

Many investors are worried about a housing market crash, but these concerns are currently unwarranted. Home prices in the Phoenix area are likely to increase into 2020 and then rise more slowly throughout the year. Then, affordability issues will begin to creep in, which could decrease demand. That being said, it's still very much a seller's market in Phoenix. 

6. Philadelphia

In some parts of Philadelphia, the housing market is as fruitful and busy as ever. Housing prices are still growing, having risen nearly 46% in the past seven years. The population has increased and thousands of vacant units have disappeared.

This unprecedented growth has become an essential part of Philly's economy and urged many to move to Philly before prices increase even further. The economy is supported by opportunities in government, health, construction, and a dozen Fortune 500 companies. There’s a great balance between job growth and real estate prices for new residents.

The rapid increase in prices may be, in part, due to a decreasing supply of housing, just like in L.A. However, were a recession to come, experts say Philly is in a strong position to weather it. The city and its suburbs' markets tend to be dependable, meaning prices don't rise as high as other metro areas during boom times. Likewise, prices wouldn't drop as low during a recession. 

Navigating Real Estate Trends in the Six Biggest U.S. Cities

A well-informed property owner is better able to set themselves up for success. So, whether you're buying or selling, it's important to know what you're getting yourself into first.

Research trends in your city of interest and stay up-to-date on changes in the housing market and economy. Doing so will ensure you make a wise investment at the most opportune time.

Holly Welles is a real estate blogger covering design, finance and market trends for apartment dwellers. You can find more of her work on her blog, The Estate Update.

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Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Douglas Elliman Launches Elliman Studio

Douglas Elliman Real Estate, announced today the launch of its all-new digital business management platform for agents, Elliman Studio.

“Elliman Studio is going to revolutionize the way Elliman agents across the country do business,” said Scott Durkin, president and Chief Operating Officer of Douglas Elliman.  “Technology progresses quickly in our industry, and we are enormously proud to be at the forefront of new advances that improve our agents’ ability to serve their customers and clients efficiently and effectively.”

Featuring a full-service toolkit of client relationship management, marketing and business management tools, Elliman Studio was built as a highly intuitive platform designed to put agents in the driver’s seat of their business. Elliman Studio will maximize output and nurture client and customer relationships, enabling agents to close more sales and stay steps ahead of the rapidly moving real estate market.

Related: Broker Marcos G. Cohen Launches New Digital Film

“After extensive research and design, we are thrilled to deliver an agent-facing, feature-rich business management platform that will enhance the productivity and profitability of our agents,” added Durkin. “Elliman Studio is user-friendly and intuitive and we look forward to delivering it to our agents in the next few weeks.”

Related: Douglas Elliman Expands to Texas

 Some of the key features will include

1.   Client Relationship Management Tools:

• Automatic cross-check of buyer and seller profiles, to match people and properties in seconds.

• Manage leads in one place:

  • Consolidate leads from multiple sources—Elliman.Com, Zillow, Realtor.Com, StreetEasy, etc.— and automatically convert them into contacts.

• Track, tag and sort follow-up with contacts:

  • Monitor agent contacts’ status and be alerted when to follow-up.

  • Auto-populate contact profiles from saved inquiries, searches and listings.

2. Marketing Tools:

• Build beautiful property websites in just a few clicks with dedicated domains that will be live on Elliman.com and ready for direct marketing eforts.

• Cross market listings with agents nationwide.

• Auto-send marketing materials:

  • Broadcast updates in pre-determined intervals, so agents may always keep the agent-client conversation going.

      3. Business Management Tools:

• Monitor closings and earnings 24/7 via sales pipeline:

  • Identify opportunities that help agents reach commission and sales goals — and track progress throughout the year.

• Sync calendars across Google, Outlook, etc.—never miss a date or deadline.

• Safeguard data via a secure and ownable platform.

The mobile-friendly platform will go live for most Douglas Elliman agents nationwide on November 18th. It will be fully accessible for download in Elliman’s agent app store on Douglas, the firm’s intranet that launched last year.

Related: Douglas Elliman Honors Top Agents in New York City at The Ellies

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New Listing: A $25M luxurious San Remo Corner Residence

Few residential buildings in New York City can rival the architectural prestige of an Emery Roth or Rosario Candela-designed building. The San Remo is arguably the NYC building with top name recognition, most star-studded residents, and utmost glamorous old-school elegance. So, when a luxurious home becomes available in this architectural gem, savvy buyers take note.

Now on the market 145-146 Central Park West, Apt 15EF was previously owned by vending machine tycoon Peter May and his wife, Leni, this stunning corner mansion-in-the-sky overlooks Central Park and the glittering Manhattan skyline. Listed at $25M, this is a unique residence entering the market for the very first time since the current owners combined two units to create a sprawling three-bedroom home featuring a library, study and media room. The flexible floorplan could easily convert into a home with four or even five bedrooms.

Currently listed at $25,000,000 the sprawling corner residence is available for the first time since a thoughtful combination expanded the floorplan to an over 5,500-square-foot, 14-room home. Currently configured as 3 bedrooms and a library with an additional study and a media room, the flexible layout could easily provide four or even five bedrooms.

Upon entering the grand center gallery which features a powder room, you are met with an exquisitely detailed ceiling and two-toned, geometric-designed wood flooring. A magnificent master suite in this wing of the apartment features a sizable windowed walk-in closet/dressing room, full bathroom, and 3 casement windows overlooking Central Park. A second bedroom suite, currently being used as a home office, also has its own full bathroom, walk-in closet and park views.

Off of the home’s gallery you’ll also find a wood-paneled library with built-in bookshelves, the main kitchen outfitted with a large wine refrigerator, full bathroom, eat-at island, double oven with 6-burner stove, full washer and dryer, a breakfast room with plentiful storage, staff room, and a spectacular north-facing formal dining room with coffered ceiling that leads to the apartment’s combined northwest wing through pocket doors.

The northwest wing (also accessible through its own entrance from a different elevator bank) consists of an additional bedroom or study with a full bathroom, sauna and laundry closet with additional full-size washer and dryer, a media room, home office, cedar and walk-in closet/dressing room, a bedroom with a full bathroom, as well as a full eat-in catering kitchen. The apartment also offers central air conditioning throughout and is wired for sound.

This home is listed by Bonnie Chajet. Lisa Chajet, and Ronnie Lane of Warburg Realty.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

The Collective Paper Factory in Long Island City

Alexandra Reconco

The Collective is a leading co-living company that believes in building long and short stay communities across a growing network of global cities. Founded in 2010 by CEO Reza Merchant, The Collective strives with its unique spaces to combine thoughtfully designed private living solutions with communal and public amenities, to promote connection, growth and inspiration in a community. The Collective Paper Factory, the co-living company’s first space in the United States is opening in Long Island City, Queens.

The Collective Paper Factory introduces a robust cultural program including an artist residency and a co-living conference designed to educate and engage members and the community alike in the growing conversation about the future of co-living. This 125-room location will offer a stay model ranging from one night to 29-day stays, which allows for all kinds of individuals to experience the co-living lifestyle but also to contribute to the community. Paper Factory nightly rates start from $135, two week stays from $1,250 and 29-day stays from $2,300. As with The Collective’s longer stay models, rates are all-inclusive of Wi-Fi, professional cleaning, linen change and utilities. Through a partnership with Brooklyn-based Blind Seed, members will have access to an order-in wellness concierge program, which will include yoga, Pilates, herbalism, and reiki among other offerings for the mind, body and soul.

This November 15th, Paper Factory will host “Be More Together: A Collective Conference,” a series that explores the future of shared spaces, resources and actions, forging a more deeply engaged partnership between The Collective and New Yorkers. This event will showcase local scholars, makers and creators via talks, activations, exhibitions, and performances, including a native exploration of the surrounding neighborhood and borough.

Opening December 2019, another new addition will be ama, a restaurant inspired by different culinary traditions from around the world, serving comfort food with global influences. The new restaurant also connects to The Courtyard, a seasonal outdoor space with signature beverage programs. Coming next spring, Paper Factory will inaugurate its first local artist residency program, which will be open to makers living in the five boroughs of New York City.  The program will offer two artists of varying disciplines accommodations, accessible space and resources to create work at The Collective Paper Factory.

More to read:

• Ryan Serhant Launches South of Hudson Yards (SoHY)

• The Top 5 Realtor-Themed Reality Shows to Watch

• Ryan Serhant's Sales Course Becomes The #1 Selling Real Estate Course of All Time

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Family of Creatives Unveil $14.5 Million Brooklyn Heights Townhouse

Sadia Rahman

An incredibly modern yet cozy take on this 8,000 square foot 5-story home is a rarity. Creative couple Lyndsay Caleo and Fitzhugh Karol's newest listing, a brownstone home in Brooklyn Heights at 81 Pierrepont, has been meticulously renovated by their family-run company The Brooklyn Home Company, a boutique design/development firm run by Lyndsay and her brother Bill.

The property was just listed for $14.5 million, Lindsay Barton Barrett at Douglas Elliman is the listing agent.

Lyndsay designed the interiors in collaboration with artist and her husband, Fitzhugh Karol - best known for his public art works - Fitzhugh's large scale metal sculptures are currently displayed at sites in Dumbo through next April and previously were in Prospect Park. Fitzhugh's site specific sculptural pieces and custom furniture are integrated into Lyndsay's clean and warm aesthetic throughout the space. Additional collaborators include BDDW, with furniture pieces, pool table and art by Tyler Hayes, and Kinder MODERN who designed kids quarters upstairs.  

Each room and space was designed with modernity in mind without losing the traditional touch of the original building. Each space is lively and catches the eye of whoever walks in. White furniture and gold details add a classy touch that leaves the area feeling open. An undeniably beautiful home. this will be one to keep an eye out for sure.

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RXR Realty Celebrated the Grand Opening of 475 Clermont

Last week RXR Realty, celebrated the grand opening of their newest luxury residential development, 475 Clermont. Located at the intersection of Brooklyn’s burgeoning Fort Greene and Clinton Hill neighborhoods, the grand opening marks the completion of 363 luxury residences and a suite of unparalleled lifestyle amenities.

“We are proud that our vision for 475 Clermont has turned into a reality,” said Scott Rechler, CEO and chairman of RXR Realty. “It truly represents RXR’s overall vision of creating a sense of place and community for our residents through a thoughtful curation of high-quality lifestyle amenities and experiential programming. The property complements the existing Fort Greene neighborhood and introduces a new standard of five-star living to the Brooklyn rental market.”

475 Clermont is designed by New York-based Aufgang Architects, with interiors by Durukan Design. Interior designer Lisa Galano furnished the model residences along with the amenity spaces in the building. Residents can choose from a variety of studios to two-bedroom layouts, some featuring private outdoor space.

“The grand opening represents a milestone achievement for this transformative development and the neighborhoods of Fort Greene and Clinton Hill. 475 Clermont is designed for those that appreciate quality and contextual design, paired with community and culture-driven lifestyle offerings,” said Matthew Villetto, Executive Vice President at Douglas Elliman Development Marketing, the exclusive marketing and leasing agent on the project.

475 Clermont is a 12-story luxury building with residences ranging from studios to two-bedrooms, some with private outdoor space. The building offers residences an array of incredible amenities, including a landscaped courtyard with a custom mural from renowned San Francisco-based muralist Mona Caron, a rooftop deck, a fitness center, a business lounge, and the Resident program, which offers residents two tickets each month to a five-star culinary experience in their own building by chefs Meryl Feinstein and Bronwen Kinzler-Britton.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

New Listing: 6-story, 10 fireplace, UES Townhouse Listed Under $10M

Alexandra Reconco

A beautiful, Neoclassical townhouse has just hit the market at just below $10 million. Located at 25 East 94th St. this turn-of-the-century townhouse, is every history lover’s dream. Listed by luxury real estate firm Robert Dankner from Prime Manhattan Residential this townhouse stands out from its fellow neighbors due to its preserved architecture and overwhelming history. Built in 1892, this breathtaking townhouse features oversized leaded glass windows, 10 beautiful fireplaces, high ceilings, natural lighting from both the north and south, walnut floors, and exposed brick and beams.

It is 21-feet wide, with 7,100 square-feet of livable space and is comprised of 6 stories with additional outdoor space. The home includes 5 spacious bedrooms and 5 bathrooms. This townhouse is an absolute dream and could possibly be all yours.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.

Our Favorite Listing: A Townhouses By Architect William Edmond Lescaze For $19.5M

Sadia Rahman

A swiss born American architect, William Edmond Lescaze designed only two beautiful homes that exist in New York City. A beautiful take on modernism with a mix of traditional, the houses built are a great depiction of the best way to get that fresh look while also feeling like your home. The spectacular six-story home at 32 East 74th Street is located on one of the most coveted and charming city blocks on the Upper East Side. It is near Central Park which is known to be one of the best neighborhood amenities.

The price is listed as $19.5M.

Although it was built in 1934, the residence was fully renovated and reconfigured in 2015 into three bright and airy duplex apartments, all with private keyed elevator access. This distinctive legacy building offers a variety of options, to either convert it back to an elegant mansion with 8 bedrooms, 7 bathrooms, and 2 powder rooms, maintain it as three stunning units, or even convert it to a commercial building. The possibilities are endless. A stunning home to impress the guests and live comfortably.

With its unbeatable location, historic pedigree, wonderful indoor and outdoor spaces, and spectacular list of possibilities, there is nothing this residence does not have. And, in a market with a somewhat uncertain future, there is nothing better than a variety of options that all converge on location.

Have a listing you think should be featured contact us or email at Jeremy@offthemrkt.com to tell us more! Follow Off The MRKT on Twitter and Instagram, and like us on Facebook.