The Upper West Side is filled with townhouses, some of them more than 100 years old. New buyers often gut-renovate the homes so they’re modern inside.
But it’s very rare to find an open lot that’s essentially waiting for a townhouse to be built on it. A 16-foot by 100-foot lot at 110 West 88th Street just became available, and brokers at Leslie Garfield are advertising the space on posters attached to a gate in front of the lot. It’s going for $2.85 million.
The lot was left over from a project called 101 West 87, which was a 60-unit condo project with a complicated history that was eventually completed by Bazbaz Development. The project ended up not using that lot, which is why it’s up for sale today. And the developer already got Landmarks and Department of Buildings approval to build the townhouse, so the buyer doesn’t have to deal with the paperwork.
Developer Sonny Bazbaz called it “a one-of-a-kind opportunity – a fully-amenitized, fully-permitted, new construction, luxury townhouse, one block west of Central Park, right in the heart of the Upper West Side Historic District.”
For an annual fee, the lot also has access to the adjacent condo building’s amenities, which include a gym, a children’s playroom and a garden lounge.
(Just don’t tell your friends who live in cities with reasonably priced real estate that you paid $3 mill for a vacant lot!)