111 East 61st Street presents a unique opportunity to own a spacious mixed-use townhouse with office space. Situated on a 100-foot lot, this grand building spans 9,500 square feet, making it suitable for various uses such as a foundation, private office, gallery, commercial establishment, or residential conversion. Originally constructed in 1910, the neo-Georgian house boasts an impressive brick facade and a striking stone cornice above its main entrance. Located just off Park Avenue and East 61st Street, the property offers a prime location. Upon entering the garden level, you'll be greeted by a mahogany entrance area leading to a charming wooden staircase to the second floor. This level also features a spacious conference room, a well-equipped kitchen, and a primary-sized bedroom with an en-suite bath. The building's extension is substantial and stretches to the top floor. The second floor boasts high ceilings, two powder rooms, and a full kitchen. Currently used as office space, it offers ample conference and reception areas. The third and fourth floors are presently leased to Burgess Yachts, but the lease has expired, allowing for a vacant delivery. The third floor features an additional renovated kitchen, a powder room, and two planted outdoor terraces, while the fourth floor offers a large terrace at the back. The fifth floor is leased to a residential tenant and occupies the entire top floor. It showcases a beautiful south-facing terrace, a galley kitchen, a full bathroom, a spacious primary suite with a fireplace, and an extension currently used as a children's room. The roof, facade, and mechanicals of the building are in excellent condition. Priced at $10,995,000, this property offers an exceptional value in terms of price per square foot, making it an attractive investment for investors and end-users alike.
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