

Listed by Compass
$8,100,000
128 East 65th Street
Details
Property Type Multifamily
Sub Type Apartment Building
Units 6
Price per SqFt $1,448
Year Built 1939
Stories 4
Lot Size (SqFt) 2,008
Multifamily | 6 Units
Marketing 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.
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Listed by Compass
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