The Benjamin N. Duke House, located at 1009 Fifth Avenue in New York City, is the rarest opportunity to acquire a piece of history and make a bold statement in your portfolio.
This magnificent building was built in 1899-1901, and was designed by the firm of Welch, Smith & Provot in the Italian Renaissance palazzo style with strong Beaux Arts elements. It stands tall in one of the most sought-after neighborhoods in the city, and is one of the last remnants of the luxurious mansions along Fifth Avenue facing Central Park that remain in private hands. A true architectural masterpiece, it has been designated a New York City Landmark.
With a rich history and unparalleled craftsmanship, it stands as one of the most unique and important assets of its kind, the rarest of offerings for investors and collectors alike.
With over 20,000 square feet of living space, the limestone and red-brick mansion boasts 27 feet along Fifth Avenue and 100 feet of frontage facing 82nd Street. The unique design elements and dimensions throughout the property make it stand out among any of its peers, offering endless possibilities with its grand and spacious rooms, high ceilings, large windows, and an abundance of natural light. The property features numerous bedrooms and bathrooms, as well as ample living and entertaining spaces, with elegant marble fireplaces and ornate moldings throughout. The impressive grand staircase climbs up through five levels, with spacious landings featuring large windows.
Additionally, the upper floors of the residence feature a striking skylight and can be reached via an additional staircase. The terrace and rooftop provide breathtaking views of Central Park and the city skyline.
The location of this property is truly exceptional. Situated on 5th Avenue, one of the most iconic and prestigious streets in the world, this majestic building offers easy access to all the best that New York City has to offer. From world-class shopping and dining, to cultural attractions and entertainment, everything is just a short walk away.
This is a rare and valuable asset that will stand the test of time, not just for its architectural and historical significance, but also for its prime location and endless potential. With an asking price of $80 million, an opportunity to own a piece of New York City history like this is few and far between.
The building can be reimagined as a private residence or converted into a gallery, store, museum, or foundation given its prime location across the Met Museum. Don't miss out on this exceptional opportunity, schedule a private tour today and discover why this property is truly one of a kind.
Courtesy of Compass, Jorge Lopez
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Data last updated 7:42 AM UTC, 1/31/23