B6 Real Estate Advisors has been retained as the exclusive broker for 59 E. 74th St. in the Upper East Side’s Lenox Hill neighborhood. Listed for $12.7 million, the vacant, 10-unit townhouse is being marketed as a conversion opportunity.
The firm’s Thomas Gammino and Patrick Donahue are handling the assignment. The five-story property will be delivered vacant, presenting a blank canvas and flexibility for an investor to convert the entire building or for someone looking to own or occupy a townhouse.
The landmarked, 8,298-square-foot Neo-Renaissance property was constructed in 1898 by J.C Lyons’ chief architects, Buchman & Deisler, and remains unchanged 123 years later.
A two-minute walk to Central Park and convenient to the 6 train, East 74th Street is filled with history, displaying facades that date back to the early years of the 20th Century and homes designed by the era’s most prominent architects.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).