Listing images courtesy of Warburg Realty
In 2013, the New York Times described the William Lescaze townhouse at 32 East 74th Street—one of the first modernist residences built in NYC—as being “just at the edge of passing from worn to shabby, waiting for a new owner to bring it back to flawlessness.” After years of being on and off the market, a new owner came into the picture in 2015, when he bought the property for $14.5 million and transformed it into a three-unit investment property. Lescaze designed the house for Raymond C. and Mildred Kramer in 1934, one year after completing a modernist home for himself at 211 East 48th Street. Both feature his characteristic use of white stucco and glass bricks. The landmarked exteriors have remained intact, but as 6sqft previously noted, the interiors have long shed any trace of Lescaze’s interior design. The transformed property was most recently on the market in 2017 with a $20 million ask and is now back for a slightly reduced $19.5 million.
One of New York City’s earliest modern residences, designed by architect William Lescaze on the Upper East Side, is searching for a new owner after a gut renovation. Known as the Raymond C. and Mildred Kramer House, after its first owners, it was built at 32 East 74th Street in 1934. Lescaze was a Swiss-born, American architect credited with pioneering modernism in America. He designed New York’s first modernist home for himself in Midtown East (pictured to the right) one year prior to this uptown commission (pictured to the left). At 32 East 74th, any remnants of his interior design have mostly disappeared after years on and off the market. The current owner paid $14.5 million for it in 2015, gutted it, and re-listed it as an investment property holding three duplex rental units. As Curbed points out, it’s now asking a cool $20 million.
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After five long years on the market, the William Lescaze-designed townhouse at 32 East 74th Street on the Upper East Side has found a buyer, according to Curbed. As 6sqft previously reported, Lescaze was a Swiss-born, American architect who is credited with pioneering modernism in America. His personal Midtown East townhouse (the William Lescaze House) is considered the first modernist residence in New York City, built just one year prior to this 1934 uptown commission. The Upper East Side house sold for $12 million in 2008. Starting two years later, it’s been on and off the market, ranging from $14 million to $19.5 million, but finally went into contract last week for $15.9 million.
More details ahead