344 East 51st Street
Four Story Multifamily Property For Sale | Protected Tax Class | Prime Location
Marketing description
344 East 51st Street | Turtle Bay, Manhattan
344 East 51st Street presents a rare opportunity to acquire a protected-tax-class multifamily asset in the heart of Turtle Bay. The four-story building comprises nine free-market residential units and offers investors stable income potential in one of Manhattan’s most established and desirable neighborhoods.
Ideally positioned between Midtown East and the United Nations corridor, the property benefits from excellent accessibility, with convenient access to the 6, E, F, and M subway lines, the M15 bus, and Grand Central Terminal.
The property includes a 35-foot private rear garden, rooftop deck, private terrace, on-site laundry facilities, a surveillance system, and an active dumbwaiter servicing each floor. The building also offers significant flexibility, with the potential for conversion to a single-family residence.
Surrounded by premier dining, shopping, and transportation, 344 East 51st Street combines strong fundamentals, unique lifestyle features, and long-term value in a highly sought-after Manhattan location.
Contact us for additional information and pricing details.
Investment highlights
344 East 51st Street is a unique four story multifamily property in a protected tax class, with a total of nine free market units located in the heart of Turtle Bay, Midtown East. The property is in close proximity to subway trains (6,E,F,M), M15 Bus, as well as Grand Central Terminal. The property features private outdoor spaces such as a 35 foot rear yard, rooftop deck, terrace, as well as surveillance system, on-site laundry, and an active dumbwaiter which can be used to transport items to each floor. The property can also be converted to Single Family use.
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