Wonderfully located on a picturesque tree-lined block between Madison and Park Avenue, 52 East 81st Street is a grand 20-foot wide, 5-story townhome with stunning proportions and exquisite architectural detail throughout its gracious approximately 5,776 square feet of living space, plus a deep, lushly planted South garden and serene terrace. Abundant potential awaits, as 52 East 81st Street is not landmarked and affords significant air rights with the right to build up to approximately 8,172 square feet.Currently configured as three units (two duplex apartments and one floor-through), 52 East 81st Street can be delivered vacant, affording the rare opportunity for a discerning buyer to create a custom single-family dream home in an unrivaled Upper East Side location, or benefit from the income of a multi-family property. Given that 50 East 81st Street and 54 East 81st Street are also currently on the market for sale, there is a unique opportunity to purchase 52 East 81st Street with one or both of its 20-foot wide neighbors to create a magnificent 40- or 60-foot wide mansion in a prime Upper East Side location.Situated in close proximity to Central Park and the Metropolitan Museum of Art, 52 East 81st Street lies amidst the best dining, shopping, and culture New York City has to offer.