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Welcome to 32 East 74th Street: The First Modern Townhouse in the Upper East Side
Designed in 1935 by renowned architect William Lescaze, a pioneer of the European International Style, this exceptional townhome offers a rare opportunity to own a piece of modernist history in one of Manhattan's most lucrative neighborhoods. Meticulously renovated from top to bottom, including the addition of a large elevator, this residence harmoniously blends the original mid-century design with contemporary luxuries.
Spanning over 7, 000 square feet (650 SM) with a 20' x 57' footprint on a 102' lot, the property is currently configured as three elegant duplex apartments. It is an excellent opportunity for investment, multi-generational living, or easy transformation back into a single-family or two-family residence. Each unit is outfitted with high-end kitchens featuring Viking appliances, as well as private outdoor space, in-unit washers and dryers, Sonos sound systems, central air conditioning, central vacuum, and private keyed elevator access.
Lescaze's iconic architectural vision is beautifully preserved, with standout features such as his signature glass brick window wall and large, light-filled windows that flood the interiors with natural light, creating an open and airy atmosphere. The home also offers a private garden and a vast roof terrace, perfect for outdoor dining, relaxation, and entertaining.
This property offers ultimate flexibility, whether you wish to convert it into a sprawling single-family mansion with 8 bedrooms, 7 bathrooms, 2 powder rooms, and 6 outdoor spaces, along with a wealth of customization options, or retain its current multi-unit configuration.
Current Configuration:
East 74th Street is a picturesque, tree-lined block just moments from D'Agostino's and Citarella markets, two minutes from Central Park, the Solomon R. Guggenheim Museum, and The Metropolitan Museum of Art, with multiple nearby bus routes. Zoned for PS 6, the neighborhood is home to world-class dining options, including Antonucci, Elio's, Toloache, Nightly's, Uva, BLT Prime, Casa Tua, The Mark Restaurant by Jean-Georges, Kappo Masa, and Sistina.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$15,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $12,000,000 | $12,000,000 | $12,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $11,185 | $11,185 | $11,185 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $69,079 | $76,837 | $102,075 |
Total Monthly Payment | $80,389 | $88,147 | $113,385 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.