RealtyLens
for saleRealtyLens property overview
$40,000,000

2 E 82nd St

New York, NY, 10028
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5Beds
8.5Baths
12,400Sqft
$3226$/sqft

Listing Notes

Currently a commercial property. Located just off Fifth Avenue on a block graced by some of the city's most distinguished turn-of-the-century mansions, 2 East 82nd Street presents a phenomenal opportunity for a single-family townhouse conversion. This 25-foot-wide residence spans approximately 12, 400 square feet across seven levels, offering both grand scale and architectural pedigree. Designed in 1901 by architects Welch, Smith & Provot and built by W.W. and T.M. Hall, the mansion once housed the Marymount Lower Middle School of New York. Its reintroduction to the market offers the rare chance to restore the home to its original grandeur as a bespoke private residence. Meticulously renovated in 2003, with interiors by Samuel G. Whitegreat-grandson of Stanford Whiteand an exterior restoration led by Richard Ciccarelli of Walter B. Melvin Architects, the mansion was awarded the prestigious Lucy G. Moses Preservation Award by the NYC Landmarks Preservation Commission. The restoration preserved and enhanced the home's most striking architectural details, including ornately carved wood paneling, intricate coffered ceilings, plaster moldings, stained-glass windows, and exquisite marble fireplace mantels. Contemporary upgrades were seamlessly integrated, among them a commercial-grade elevator servicing all seven floors, a full catering kitchen with a large dumbwaiter, two internal staircases, an exterior lift for accessibility and oversized deliveries, and fully modernized engineering systems. With soaring ceilings up to 12 feet and grandly scaled rooms, the home invites a discerning buyer to reimagine it as a private residence of unparalleled scale and refinement. Just steps from The Metropolitan Museum of Art and Central Parkand surrounded by the finest dining, galleries, and shopping of the Upper East Sidethis extraordinary mansion presents a once-in-a-lifetime opportunity to create a residence that is truly your own. Some photos are virtually staged.

Market Insights

Below nearby median-46%

$3226/sqft vs a nearby median of $5958/sqft.

Nearby median$5958/sqft
Nearby properties6
Property size12,400 sqft
  • -46% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 12,400 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$73M$66M$80M · 42% confidence
vs ask $40M−$33M (−81.9%)

Asking price is about 81.9% below the fair value — likely to draw competing offers if it's still on market.

$5,958/sqft median across 5 tight comps × 12,400 sqft= $74M
  • Days-on-market gravity−$2.22M −3.0%
  • Pre-war character+$1.85M +2.5%
  • Virtually staged−$739k −1.0%
  • Transit access+$369k +0.5%
  • Visible condition issues−$369k −0.5%
Cumulative NYC adjustments−$1.11M−1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-46% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
236 days
Last price change
No change recorded
Listed
Sep 18, 2025
Photos
10 photos
Property type
townhomes
Status
for sale
Last sold
Aug 10, 2023 · $19,000,000

Features & Amenities

FireplaceLaundry RoomPets AllowedTwo Or More StoriesHigh CeilingCoffer CeilingElevatorShopping

Photos

Building Facts

Year built
1898
Stories
6
Total units
1
Building area
12,316 sqft
Lot size
2,248 sqft
Land use
Public facilities and institutions
Building class
W3

From NYC public records where available.

Price History

May 4, 2026Initial record
$40,000,000for sale

Public Records

DOB violations1 open

38 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents100

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)13,394

Top: heat/hot water

Top complaint types in ZIP 10028

  • HEAT/HOT WATER997
  • Illegal Parking940
  • Noise757
  • Maintenance or Facility654
  • Noise - Residential603

Recent DOB

  • Sep 23, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Sep 23, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • Sep 23, 2019V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
  • May 20, 2019V*-DOB VIOLATION - DISMISSED · EVCAT5-NON-RESIDENTIAL ELEVATOR PERIODIC INSPECTION/TEST ELEVATORREQUIRED

Recent Transfers (ACRIS)

  • Aug 10, 2023DEED$19,000,000

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.