164 East 61st Street_Property for Sale
164 East 61st Street_Property for Sale
164 E 61st St, New York, NY, 10065-8539, US

164 East 61st Street

Asset Description

JLL has been retained on an exclusive basis to arrange for the sale of 164 East 61st Street (the “Property) a 20’ wide, 6,600 GSF, entirely Free Market mixed-use building located on the south side of East 61st Street between 3rd and Lexington Avenue in the Lenox Hill neighborhood on Manhattan’s Upper East Side.


The Property offers the ideal opportunity for an owner occupier to purchase the property and utilize it as a pied-a-terre residence that receives ancillary cash-flow from the remainder of the units. The Property is located in the esteemed Lenox Hill neighborhood, an area packed with fine dining, health & wellness, convenience, and high-end retailers. Situated directly adjacent to the highly revered Treadwell Farm Historic District, the Property’s neighborhood offers endless luxurious amenities and has been called home by the likes of Walter Lippman and Eleanor Roosevelt.


Built in 1920, the 4-story building features 4 Free Market apartments and one ground floor commercial space, which is currently occupied by a medical spa. The residential unit breakdown consists of three 3- bedrooms, and one 4-bedroom. A complete gut renovation of the building was completed in 2018 with condo quality finishes such as stainless-steel appliances, brand-new hardwood floors, granite countertops, and in-unit washer/dryer.


Please contact exclusive agents for additional information about the Property.

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Attributes

Asking Price
€7,746,000
Number of units
5 units
Occupancy
100.00%
Year built
1920
Building area Gross
539 m²

Media

Investment Highlights

  • Entirely Free Market
  • Recently Gut Renovated - over $750,000 spent on renovations
  • Located on prestigious tree-line block in the heart of Lenox Hill
  • Classified under the highlight coveted and protected Tax Class 2B
  • Ideal pied-a-terre opportunity

Contact brokers

164 East 61st Street (0 Properties)

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Last updated
30 Nov 2022