128 East 65th Street
New York, NY 10065

Cross street:Park Avenue

Building

Type:Townhouse
Era:Post-war
Floors:5

Property

Ownership: Multi-Family
Rooms: 20
Bedrooms: 2 BR
Bathrooms: 1.5
Pets: Pets Unknown

Financials

Price:$8,100,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass

Description

This 20’ wide classic Brownstone is located on a beautiful townhouse block between Park Avenue and Lexington Avenue featuring 5 full-floor, 100% free-market apartments, each with 1.5 baths serviced by a large elevator. The building is approximately 6,000 sq ft. and backs onto low townhouses, allowing the sun to pour through the house. The property has been meticulously maintained, and each apartment has undergone multiple renovations with each tenant turnover. The property features a unique opportunity for investors seeking a turn-key, fully leased property in a AAA location to continue using as is or convert to single-family, as all apartments are short-term. With full floor apartment layouts and attractive rent basis, ownership has enjoyed minimal loss factor with quick tenant turnover. Laundry Room in Basement. 128 East 65th Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in Lenox Hill. Please contact the agent for listing set up.

Amenities

Laundry Room; Common Storage;

  • Elevator
  • Laundry Room
  • Voice Intercom

Neighborhood

More listings:

This 20 wide classic Brownstone is located on a beautiful townhouse block between Park Avenue and Lexington Avenue featuring 5 full floor, 100 free market apartments, each with 1.


OLR IDX

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