Upper East Side, New York, NY, US

11 East 70th Street, Upper East Side, New York, New York | Luxury Real Estate | Concierge Auctions

Gallery Space | Upper East Side, New York, NY

Bidding Started On:

May 8, 2024 at 6:00 PM EDT

Bidding Closes On:

May 21, 2024 at 4:00 PM EDT

How to Bid

Listed for $5.5M | No Reserve

Description

This stunning 4,600-square-foot property is located on one of the most distinguished blocks on the Upper East Side. The limestone facade offers beautiful arched windows, classic wrought iron details, and a grand double-door entrance The turnkey property was previously home to a renowned art gallery and was recently upgraded with new lighting, plumbing, and bathrooms. The entrance and reception area features high ceilings and beautiful marble floors that flow seamlessly into two custom-lit gallery spaces. Travel down the beautiful circular staircase to the Garden Level where additional gallery spaces connect to a private outdoor oasis. The lower floor also includes plenty of room for art storage and office space. Perfect for a private or public gallery, this spectacular address is adjacent to the world-renowned Frick Museum and moments from Central Park, world-class shopping, dining, and cultural destinations. Property and opportunity details provided by seller or others; buyer to verify.

Property Features

Total

4,605 sqft | 2 half baths

Architectural Features

Soaring ceilings; multiple gallery spaces; custom lighting; and staircase

Interior Features

Lavish marble floors; reception area

Outdoor Features

Outdoor oasis on the garden level l, limestone facade

Additional Spaces

Office space on the lower floor; art storage area

Location

30 minutes from LaGuardia Airport; 1 hour from Newark Liberty International Airport; 1 hour from John F. Kennedy International

Disclosure

Airport Auction: Property details provided by seller or others; buyer to verify. Concierge may also, in its discretion, offer additional incentives to one or more pre-auction bidders, including but not limited to guarantees and purchase terms that differ from the Purchase and Sale Contract

Deposit

Deposit: $100,000 bidder deposit required

Location

The Upper East Side has been home to history’s famous families — Vanderbilt, Carnegie, Lenox, and more. From the beautiful architecture of prewar buildings to the natural vistas of Central Park, the Upper East Side is one of the city’s most iconic neighborhoods. Spend a day — or more —exploring Museum Mile where you can visit some of the world’s famed institutions, including the Metropolitan Museum of Art and the Guggenheim. Enjoy Madison Avenue, where you can find some of the best shopping in the world. When you’re ready for a break, stop in one of the highly-ranked restaurants or grab a classic New York slice. The Upper East Side is in the heart of the city, with convenient access to all the best that New York has to offer.

Fees & Commissions

Buyer's Premium

12%

Buyer shall pay to Concierge a “Buyer's Premium” in addition to the Purchase Price for the Property. The Buyer's Premium is not a real estate commission; it is the fee that Concierge charges to bidders for bringing the Property to auction.

Co-Broker Compensation

2.5%

Compensation will be paid to any properly registered Broker whose client is the successful Buyer at the Auction and whose client completes the purchase of the Property pursuant to Concierge Auctions' Bidder Terms and Conditions.

Showings

Daily and by appointment

Map

11 East 70th Street, Gallery Space | Upper East Side, New York, NY 10021

Diligence Documents

Bidder Registration

Concierge Auctions Starting Bid and Agent Registration 3.31.2023.pdf

Concierge Auctions Universal Bidder Terms and Conditions 5.26.2023.pdf

Purchase Contract

(Updated Final Approved) - 2024-05-01 - Contract of Sale - 11-15 East 70th Street (combined) (CLEAN).pdf

(Final Approved) 2024-05-13 - Contract of Sale - 11 East 70th St.pdf

(Final Approved) 2024-05-13 - Contract of Sale - 15 East 70th Street.pdf

Property Disclosures

Fair Housing Disclosure - 11-15 E 70 Gallery 1A.pdf

Agency Disclosure - 11-15 E 70 Gallery 1A.pdf

Updated Fair Housing Disclosure.pdf

Updated Agency Disclosure .pdf

Lead-Based Paint and:or Lead-Based Paint Hazards.pdf

Title Commitment

Title Report - 11-15 East 70th Street, Commercial & 1A.pdf

Updated Title Report (4-9-24).pdf

Miscellaneous

11 E 70th St - Existing (1).pdf

Floor Plan_11 & 15 East 70th St New York City.jpg

Residential_Inspection_Report.pdf

Fair Housing Disclosure - 11-15 E 70 Gallery 1A.pdf

Agency Disclosure - 11-15 E 70 Gallery 1A.pdf

Offering Plan (11-15 E 70).pdf

Condo Sale Application - 15 East 70th Street (1).pdf

Electric, CAM, insurance..zip

Contact

Project Manager, Auction Representative

Leslie Cortese

Business Developers, Auction Representatives

Frank Martorano

Paulina Kimbel

Listing Agents

Rachel A. Glazer

Bridget Little

Disclaimer

Concierge Auctions, LLC, (“Concierge Auctions”) is an auctioneer. Concierge Auctions’ principal address is 228 Park Avenue South, Suite 70835, New York, NY 10003, and its phone number is (212) 202-2940. If required, Concierge Auctions (or its representative) is registered, licensed and/or bonded in the U.S. state where the property to be auctioned is located. Our registration, licenses and bond information for New York is: Frank Trunzo, Auctioneer, NY Real Estate License #10401372092. Concierge Auctions, LLC, Broker, #10991209483, 405 Lexington Avenue 26th Floor New York, NY 10174, Telephone: (212) 202-2940. Chad Aron Roffers, Broker, License #10491202564. This property is listed for sale by Compass, Broker, License #10391202705, 110 Fifth Avenue, New York, NY 10011, 646-982-0353, Rachel A. Glazer, License #10301209116, (“Listing Agent”) and Bridget Little, License #10401292555, (“Listing Agent”). Concierge Auctions (in certain jurisdictions) and certain Concierge Auctions subsidiaries, employees, and representatives may possess real estate broker or salesperson licenses in various jurisdictions and may, in some circumstances, perform functions that may be deemed brokerage services, however, neither Concierge Auctions nor its agents, employees, and affiliates are acting as a broker in any capacity for any party in connection with this auction. Bidders must seek brokerage services or advice from their own real estate agents or professional advisers. Our brokerage licenses are held solely for compliance purposes to further our auctioneering services. Concierge Auctions, the Listing Agent, the seller of the property and their respective agents, employees, and affiliates do not represent, warrant, or guarantee the accuracy or completeness of any information and shall have no liability for errors or omissions under any circumstances in this or any other property listings or advertising, promotional or publicity statements, and materials. This is not meant as a solicitation for listings or an offer to sell real property. Cooperating brokers are encouraged to participate as set forth in Concierge Auctions bidder terms and conditions.