349 W 71st Street

CURRENT: 6-Family Free Market Rate Rentals can be delivered vacant YOU CHOOSE: Multi-Family Income Producer or Spacious Single Family (or Both) 349 West 71st Street is a stunning late-19th century townhouse located in the heart of the West 71st Street Historic District, offering significant potential for new owners. Currently configured as a six-family vacant rental, this exquisite Renaissance Revival style home built circa 1896 presents two main options: it can be maintained as a multi-family income producer or transformed into a spacious single-family residence. The townhouse boasts over 6,000 square feet of versatile space, characterized by its elegant architectural features, including symmetry, columns, and balustrades, all reminiscent of ancient Greek and Roman design. The building was designed by the era’s renowned architectural firm Neville & Bagge. Property Highlights: • GARDEN APARTMENT: A renovated one-bedroom unit with a modern Boffi kitchen, en-suite bathroom, in-unit washer/dryer, and a private outdoor garden oasis. • 1ST/2ND FLOOR DUPLEX APARTMENT: This expansive unit spans over 2,500 square feet and can be easily converted into a 3-bedroom, 3-bathroom residence. It features three outdoor spaces, exposed brick walls, two wood-burning fireplaces, laundry room, and a beautiful oak staircase. The first floor includes a rear bedroom with patio access, a newly renovated kitchen, and spacious dining and living areas. The second floor offers a primary bedroom with a private balcony, en-suite bath, a massive den and an outdoor dining terrace. • 3RD FLOOR APARTMENTS: This level includes a studio and a one-bedroom apartment, both with separate kitchens, bathrooms with showers, wood-burning fireplaces, exposed brick walls, and ceilings over 9 feet high. • 4TH FLOOR APARTMENTS: The top floor features two studio apartments (one with a private terrace), each with separate kitchens, bathrooms with tubs and showers, wood-burning fireplaces, exposed brick walls, and ceilings over 9 feet high. • ADDITIONAL BUILDABLE FLOORS: The property has a 2,000-square foot floor area ratio (FAR) available for development on the roof, allowing for the potential addition of two more stories. Located just around the corner from Riverside Park, this home is surrounded by a variety of local dining options and shops, including Cafe Luxembourg, Ashford & Simpson’s, Picky Barista, Trader Joe’s, and Fairway Market. With convenient access to transportation via the 72nd Street subway station (1, 2, 3 lines) just a few blocks away, exploring the city is effortless. Don’t miss the chance to make this elegant property your own. Would you prefer to focus on a rental investment for multi-family rental income, a spacious single-family residence, or both? Contact us for further details.