122 East 61st Street
$5,495,000
10
10
5,320
5,320
$1,033
Sold 5/3/23
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.
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.
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
Status | Sold |
---|---|
Days on Market | 17 |
Taxes | - |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 15.0 |
Compass Type | Townhouse |
MLS Type | Multi Family |
Year Built | 1910 |
Views | - |
Architectural Style | - |
Lot Size | 1,807 SF / 18' x 100' |
County | New York County |
Buyer's Agent Compensation | 2.5% |
Building
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
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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