NEW YORK CITY—Thor Equities reports it has acquired an Upper East Side townhouse property that it believes is the proverbial “blank canvas” suitable for either commercial or residential use.

The New York City-based real estate investment firm purchased 36 East 61st St., a seven-story townhouse that totals 15,900 square feet of space. With 2,600 square feet on the lower level, 2,500 square feet on the ground floor, and the upper levels of the building adding an additional 3,600 square feet of space, the property is an ideal location for any tenant that offers both commercial and residential opportunities. The luxury property combines old world charm with spacious updated interior space, the company states.

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