Those desiring a stately residence know that with New York townhouses, width and location are everything. In the case of 125 East 65th Street, neither can be equaled. This four stories, neo-Federal style red brick estate currently houses China Institute and awaits a discerning purchaser who desires the ultimate, gracious and grand New York manse. The property is also uniquely suited for a school, private club, diplomatic residence or institution. Commissioned in 1904 by Mr. Frederick S. Lee, this stately mansion was designed by world renown architect and artist, Charles A. Platt as a private residence. Mr. Lee a noted physiologist in his time, helped establish the Department of Physiology at Columbia University. Charles A. Platt, also known as the architect of the American Renaissance also designed, among many notable buildings, President Franklin D. and Eleanor Roosevelts Manhattan townhouse residence located one block away. This estate has been in the hands of China Institute since 1944 and had one prior owner - Mr. Frederick S. Lee himself. The estate is suitable for the grandest entertaining yet affording the most gracious of traditional style, the manse offers the ultimate in discretion and luxury for the well-heeled tycoon. A diamond in the rough the property waits for its metamorphosis. Such opportunities in Manhattan are rarified.