122 East 61st Street

Lenox Hill

$5,495,000
Last Sold Price
10
Beds
10
Baths
5,320 Sq. Ft.
$1,033 / Sq. Ft.
5,320
Sq. Ft.
$1,033
per Sq. Ft.

Description

Calling all investors. A unique opportunity to acquire a fully occupied cash flowing multifamily building in a prime upper east side location.
On the market for the first time in almost 50 years, this is a rare opportunity to own an 18ft wide Townhouse expanding over 5,320 sq ft. on a tree lined street between historic Park Ave and Lexington Ave in the heart of coveted Lenox Hill.
Built in 1910, this five floor Multi-Family Townhouse is currently configured as a 10 Unit incoming producing rental building.
...Calling all investors. A unique opportunity to acquire a fully occupied cash flowing multifamily building in a prime upper east side location.

On the market for the first time in almost 50 years, this is a rare opportunity to own an 18ft wide Townhouse expanding over 5,320 sq ft. on a tree lined street between historic Park Ave and Lexington Ave in the heart of coveted Lenox Hill.

Built in 1910, this five floor Multi-Family Townhouse is currently configured as a 10 Unit incoming producing rental building. Many of the units have updated kitchens and baths, making this the perfect property for an investor to take over.


All of the units are currently configured as Studios or 1-Bedrooms with lovely updated kitchens and baths. Tall ceiling heights in this pre-war brownstone make each unit feel larger and more light filled. Gorgeous details like parquet floors, original fireplaces, large closets, and spacious living areas make this building an attractive option to any renter or investor. The ground floor has access to a rear patio, while the top floor rear also has a terrace accessed from the living room.

With easy access to Central Park, The Metropolitan Museum of Art, The Guggenheim, The MoMA, art galleries, luxury retailers on Madison Avenue, some of New York City’s finest restaurants such as Daniel, Le Bilboquet, Avra, JoJo by Jean George, Marea, and Sant Ambroeus, there has never been a better time to call the Upper East Side home.

This is a wonderful opportunity for a savvy investor looking to build their portfolio.
Can also be purchased as a combination portfolio with 124 and 130 East 61st Street.

Currently tenant occupied - 72 hours notice required for all showings. Full income and expense statements are available upon request.
Photos have been virtually staged.
Buyers should do their own due diligence.

Listing Agent

  1. Daniel DeSalvo

    Daniel DeSalvo

    Alternative Listing Agent

    Compass

Amenities

  • Top Floor
  • Ground Floor
  • Parquet Floors
  • Walk Up
  • Voice Intercom
  • Lowrise
  • Brownstone
LISTING UPDATED: 05/03/2023 07:46 PM

Property Details for 122 East 61st Street

StatusSold
Days on Market17
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms15.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1910
Views-
Architectural Style-
Lot Size1,807 SF / 18' x 100'
CountyNew York County
Buyer's Agent Compensation2.5%

Building

122 E 61st St

10 Units4 StoriesBuilt in 1910

Virtual Tour

Building Information for 122 East 61st Street

Stories4Residences10Year Built1910Building Size18' x 74'Building Sq. Ft5,328 SFLot Size1,807 SF / 18' x 100'Building AgePre-warBuilding TypeTownhouse

Property History for 122 East 61st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 East 61st Street

Taxable ValueLand$342,450Additions$1,781,190Total$2,123,640
Home Facts
Total Finished SqFt5,320 SqFtLot Size1,807 SqFtYear Built1910ZoningR8BAPN1013950063

Schools near 122 East 61st Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
East Side Elementary School, PS 267
PublicK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.