2 East 82nd Street, New York City, NY 10028
Listing Courtesy of Modlin Group LLC
$40,000,000
Potential Rebate: $600,000
Overview
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. White—great-grandson of Stanford White—and 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 Park—and surrounded by the finest dining, galleries, and shopping of the Upper East Side—this extraordinary mansion presents a once-in-a-lifetime opportunity to create a residence that is truly your own. Some photos are virtually staged.
Home Features
- •In Unit
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Modlin Group LLC
Data Source: TRESTLE #RLS20049561
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
