247 Central Park West sells for record price on Upper West, and now listed for lease. Visit:
http://www.247centralparkwest.com

Townhouse 112 East 73rd st $1,050,000 Price drop.
Great Block great new price $8,450,000
over 5600 square feet living space
plus 1000 square foot cellar and
another 1100 sq feet of air rights.
Large rooms, high ceilings, oversized windows

20′ wide, Flemish Renaissance townhouse located in the West End Collegiate Historic District across the street from the majestic Apthorp. Erected by the architect Frederick B. White in 1856 as one in a series of five row houses, 385 West End Avenue has had the top three floors completely renovated. The home is filled with light and is equipped with central air conditioning, a lovely garden, and a tranquil third floor terrace. Situated in close proximity to Riverside Park, excellent schools, Zabar’s, Lincoln Center, and a host of fine dining options, this beautiful property represents the best of townhouse living in the heart of the Upper West Side. $5.35m

120 EAST 71st STREET
Located on one of the Upper East Side’s finest blocks, sits 120 East 71st Street, a newly renovated Landmarked townhouse. Originally built in 1879 by the architect John Payne, this historic townhouse became known since 1928 as the “Mayflower House”, the Society of Mayflower descendants in New York, In 1933 the Society decided to present a gold medal for ” conspicuous achievement” to President Franklin D Roosevelt – himself a Mayflower descendant.

After a three-year gut renovation beginning in 2009, this 6,600 square foot house has been outfitted with every possible modern amenity. Beginning with replacing the joists with new steel material, a new limestone facade and stairwell, no expense has been spared on this masterpiece. Luxury finishes include the Smallbone kitchen, two SubZero refrigerators, Miele appliances, marble fireplaces, marble laid foyer, new elevator and Pella windows. Other amenities include zoned central air-conditioning, low voltage lighting, television, audio, communication, security system and wine storage for over 1000 bottles.

With five bedrooms, five bathrooms, four powder rooms and the grand reception room, dining room, family room, two entrances, a south-facing landscaped garden and terrace this townhouse has been precisely planned to provide the utmost in Manhattan townhouse living.

114 West 76th Street
Situated in close proximity to Central Park as well as fine shopping and excellent schools, 114 West 76th Street is an ideal property for an investor or an owner/user looking to offset expenses with rental income. This Renaissance Revival townhouse which was designed by the architect Thom & Wilson in 1890, is comprised of ten apartments including seven free market and three rent stabilized units. The apartments throw off gross income of $245,000 and the free market units on the top three floors allow for the creation of a large owner’s triplex. Experience the best of townhouse living in the heart of the Upper West Side in this beautiful turn of the century home.

Posted by: Rick Pretsfelder

Location, location location as they say in real estate, is the ultimate arbiter of property values, and that certainly held true during the 1st half of 2011, particularly with renovated homes. The West Village alone saw 6 renovated homes sell in the $10.0 to $20.0 million range during the 1st half of the year. The Upper East Side, which actually saw an overall decline in pricing, had six, 8 figure transactions between Park and 5th Avenue with two additional sales totaling $56 million in the east 60′s off of 5th Avenue (both sold by Garfield) already on the books for the 3rd quarter.  The Upper West Side is still feeling the positive ripple effects of the two $19.0 million sales that occurred in 2010, and that has translated into high prices for several vacant multi-unit townhouses in the West 70′s off of Central Park and a renovated single family on 84th off of CPW going into contract in the mid to high $12 million range.  In fact, throughout Midtown, Gramercy Park,  Chelsea, and the East and Central Village, prices were up across the board as the market continues to rebound.  Rick Pretsfelder

The 1st half of 2010 sales of Upper East Side, (the neighborhood bounded by 61st and 96th Streets to the South and North and Fifth Avenue and the East River to the West and East) residential and commercial townhouses and small buildings showed significant improvement in the market. Compared to the 1st half of 2009, average sales prices rose an impressive 48.4% from $7.4 million to $10.9 million while average Price Per Square Foot (PPSF) increased 39.8%  from $1,223 to $1,709. Sequential quarterto-quarter data also showed signs of life with 2Q ’10 prices up 35.0% over 1Q ‘10.

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Dining Room - 236 East 19th Street

Built circa 1839 as a single-family residence and purchased in 1860 by the current owner’s family this house has been lovingly restored and renovated throughout the years. Steps from Gramercy Park and Irving Place, this 20.83’-wide, four-story, Anglo-Italianate townhouse is configured in its classic form, setback with a large front garden with main entry and stoop entrance. With fantastic sunlight gleaming through all oversized windows and replete with original details including period moldings, marble mantles, and wide-plank floors, this house has been updated with CAC, a dumbwaiter, finished basement, gas heat, and ample closet space.This quintessential family house currently has five bedrooms and three outdoor spaces including the large, landscaped south-facing garden which abuts other townhouse gardens, a terrace off the parlor floor, and a roof deck. There are approximately 1,700 sq.ft of unused air-rights to this property which can be added for additional square footage.

You can view this listing and many more by visting our website LeslieJGarfield.com