The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

52 East 69th Street

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3D TOUR LINK:
https://my.matterport.com/show/?mGgJgsbRahYv&play1

Features:
-Grande Dame townhouse with two entrances (Formal and Service)
-Prestigious Park Avenue & East 69th Street location
-Elevator and a dumbwaiter
-Triple exposures (East, North, South), 5200 sq ft
-Five stories, 6 bedrooms, 5.5 baths, 6 fireplaces
-Grand staircase and oak flooring.
-High ceilings with ornate paneling, silk wall coverings, custom moldings
-Roof access, outdoor patio, over 7,300 sq ft of additional buildable area
-Restoration opportunity for a buyer with vision

Grande Dame Living:
-Presenting a study in elegance and beauty!
-Imposing townhouse living that stands out for its design, style, and functionality.
-Offered to a discerning owner with a vision to unlock its exceptional potential and restore its Gilded Age splendor.

-A Grande Dame of the Gilded Age, built in 1881, this house is a study in architectural heritage, history, and provenance worth exploring.

-Limestone and brick facade offering two private entrances, including a formal main entry and a service entrance.
-A grand marble foyer leading to a majestic spiral staircase adorned with moldings.
-Three exposures (East, North, South), combined with high ceilings, add to the grand living feeling.
-Five stories spanning approximately 5,200 sq ft, six bedrooms with five and a half baths, all with high ceilings.
-Private elevator servicing all floors; a kitchen designed for entertaining with custom oak cabinetry and a dumbwaiter.
-Six unique & ornate marble fireplaces, oak flooring, and distinctive moldings throughout this imposing house.
-Each room is uniquely designed, showcasing Venetian handcrafted silk wall-coverings, an oak-paneled library, the red room, the green room, the mansard roof room enhanced by towering elegant windows.

– Prestigious Park Avenue and East 69th Street address, surrounded by Central Park, consulates, private clubs, and world-renowned museums, defining a lifestyle narrative aspired by all; achieved by few.

-One of the unique aspects of this house is the hidden tunnel (now covered) that connected to the Italian Embassy next door, allowing spies in a bygone era to access the embassy
surreptitiously.

Additional features:

Lot- 18.50 ft x 67.92 ft

Bldg lot -18.50 ft x 58.33 ft

Stories- 5

Single Family

Square feet – 5200 sq ft

Residential FAR- 10

Current FAR -4.14

Buildable area -7360 sq ft



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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