48 East 81st Street, New York (Upper East Side), NY, 10028 | $18,810,000

You’re at 81st and Madison. A Neo-Georgian townhouse with a prestigious address. Steps from Central Park and the MET Museum. Direct access via 81st Street. Surrounded by luxury boutiques, fine dining, and galleries. The center of New York’s cultural scene.

Built in 1924. A 20-foot-wide red brick and stone townhouse blending history and modern luxury. South African wood floors, Venetian stucco walls, hand-run plaster moldings, copper roof and downspouts, double-thick mahogany doors, and bespoke leather elements throughout. Parquet floors enhance the elegance. A grand parlor, formal salon, and dining conservatory. A teak-clad cinema room that doubles as a meditation space. A Napoleon-inspired wine room. The magnificent details are endless.

Completely gutted and renovated in 2019. Updated mechanical, electrical, and AV — Lutron lighting, Sonos sound systems, and a 21-camera closed-circuit security system. The facade is not only adorned with custom wrought iron doors but also bulletproof security glass and MAG locks that can withstand 3, 000+ lbs of pressure. Each bedroom is equipped with an individually controlled pad-lock; the security is top notch.

Five stories and 7, 400 square feet, plus a full basement and roof-deck. Offers exclusivity and independence—free from condo board constraints. Personalize your space without bureaucratic hurdles. Five bedrooms—can be six, including a primary suite with a soft cream colored embossed alligator leather walls, as well as leather floors, two bathrooms and two closets. The closets replicate department store display quality and space. Seven full bathrooms, plus two half-baths. Two living rooms, two offices, and two kitchens, including a European gourmet chef’s kitchen and a butler’s kitchen on the entertaining level for convenience. The conservatory style solarium boasts leather and custom wood walls. The townhouse is turnkey — an option to buy fully furnished with brand-new designer pieces from B&B Italia.

The outdoor space throughout is a personal sanctuary — the enclosed south-facing Zen Garden offers a peaceful escape. The bi-level roof deck with a planted terrace provides a private retreat and the deck off one of the bedroom sites aids in indoor/ outdoor living experience — all of which amounts to 750SF of outdoor space.

Cozy up by the seven marble fireplaces. Heated floors in the foyer and a heated sidewalk prevent snow buildup. A professional laundry room, staff quarters, and a dog-washing station add convenience. An open-air basement with a pet grooming station and ample storage. Option for to hire the current caretaker / doorman services. Your privacy and autonomy are guaranteed.

Competitively priced, culturally driven. A rare find in Manhattan’s luxury market. Demand rises for homes that blend historical value with modern convenience. Unique features make this property stand out.

Features

  • Town: New York
  • Amenities: Alarm System; Garden; Laundry Room; Roof Deck; Wine Cellar; Cinema Room;
  • Rooms: 13
  • Bedrooms: 6
  • Baths: 7 full / 1 half
  • Year Built: 1924
  • Cooling: Central
  • Terrace : Yes
  • Private Roof: Yes
  • Private Garden: Yes
  • Building Access : Walk-up
  • Service Level: Video Intercom
  • Built Size: 20'x75'
  • OLR#: 0023460
  • Days on Market: 2402 days
  • Website: https://www.raveis.com
    /eprop/0023460/48east81ststreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Societe Real Estate

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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48 East 81st Street, New York (Upper East Side), NY, 10028

$18,810,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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
Loan Amount $15,048,000 $15,048,000 $15,048,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $89,015 $96,354 $128,002
Total Monthly Payment $89,140 $96,479 $128,127

* 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.