UES fixer-upper on the market for $35M

A mostly-gutted, two-building structure at 133-137 East 73rd Street, at Lexington Avenue, is now on the market for $35 million and has the potential to be one of the city’s most luxurious private mansions. The 27,500-square-foot property has been used as medical offices and ground-floor retail space for the past 30 years, but it was once residential, and owner BLDG Management has received approval to bring the five-story, elevator building back to its roots. In addition to transforming the building into a private residence, BLDG also has permission to build a 2,500-square-foot duplex addition above it. The property, which has an alternate entrance at 1024 Lexington Avenue, first hit the market last year for $40 million before the latest price reduction. Ivan Hakimian of Itzhaki Properties has the listing. [Post, 4th item]