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Historic UES townhome being marketed for $24.75 million: Massey Knakal.

Massey Knakal Realty Services is pleased to offer for sale the Beaux-Arts style townhome located at 9 East 89th Street. The property Is located in the heart of Museum Mile and just steps from the Engineer's Gate entry to Central Park, making it ideal for museum enthusiasts and Park lovers. It is also surrounded by some of the best private schools in the country. The asking price is $24,750,000.

The property itself is a 23' wide, six-story elevatored building containing approximately 10,285 square feet above grade that was designed by German-born architect and artist Oscar Bluemner for Charles Glen, and built in 1902. The basement areaway, open at each side of the entrance, is surrounded by tall wrought-iron fences.

The south facing limestone facade has a strong vertical emphasis and a centrally located entry that is complimented by the tall, molded stone openings of the upper stories. Four elongated brackets support the stone cornice above the fourth story. The attic story has a single tripartite window opening and is terminated by a parapet. The roofs of the fifth and sixth floors boast unobstructed views of Central Park, the Jacqueline Kennedy Onassis Reservoir and the Guggenheim Museum.

The property is currently owned by New York Road Runners (NYRR), but will be delivered vacant, affording a prospective purchaser the opportunity to convert the commercial townhouse for residential use.

The sale of the property is a natural next step for NYRR as they look to extend their reach throughout the five boroughs. The building will remain open and continue to provide NYRR services to runners until the property is sold. This historic townhouse is being marketed exclusively by Massey Knakal CEO Paul J. Massey Jr. and Thomas D. Gammino Jr.

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Title Annotation:SELLING POINTS
Comment:Historic UES townhome being marketed for $24.75 million: Massey Knakal.(SELLING POINTS)
Publication:Real Estate Weekly
Date:Jun 11, 2014
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