19 East 66th Street（以下、本物件）は、East 66th Streetの北側、5th AvenueとMadison Avenueの間に位置する、幅20フィート、高さ5階建ての商業タウンハウスです。この物件は投資家にとって、一戸建て住宅やピエタテールに転用したり、商業用タウンハウスとして運営を継続することができる魅力的な物件です。
The building is currently configured as a two-tenant commercial property, consisting of two separate art galleries known as Blum & Poe and Rosenberg and Co.
Across both leases, the property generates over $1,000,000 in gross annual revenue, in addition to benefitting from real estate tax reimbursements from both tenants.
The property features 6 floors of usable space, generous ceilings heights, and high-end showroom finishes throughout. The prestigious location of this property has made this townhouse attractive to art dealers and is currently home to two well-known galleries.
Features of this property include a center entrance, a spacious lobby, an elevator, a terrace off the third floor, and central air conditioning. In addition to receiving a new roof in 2014, new water main was installed from the street to the building in 2016 and 12 new windows on the front of the building were installed in 2018.
Founded in Santa Monica in 1994, Blum & Poe is a contemporary art gallery that showcases the connection of sculpture, paintings & photography that also features locations in Los Angeles and Tokyo.
Rosenberg & Co. Gallery continues Marianne Rosenberg's family’s distinguished tradition of exhibiting both modern and contemporary art. The gallery presents an international roster of works by prominent impressionist, modern and contemporary artists. Together with the Blum & Poe gallery, Rosenberg & Co. have made 19 East 66th Street synonymous with fine contemporary art.
19 East 66th Street will appeal to an array of purchasers interested in acquiring a commercial townhouse in a marquee Upper East Side location on a Central Park block. The Property will be sold on an as-is, where-is, basis.