128 E 65Th St New York, NY 10065
Turn-key, fully leased property with conversion potential in prime location.
Lot size:
0.05 AcresProperty Features for 128 E 65Th St
General Information
- Property type
- Multi Family
- Standard status
- Active
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1939
Source:
Elliman
Listing Agent: Timothy E Desmond
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Classic Brownstone in Lenox Hill
This 20-foot wide classic Brownstone is situated on a desirable townhouse block between Park Avenue and Lexington Avenue. The building features five full-floor, 100% free-market apartments, each equipped with 1.5 baths and serviced by a large elevator. Encompassing approximately 6,000 square feet, the property benefits from sunlight exposure due to its location backing onto low townhouses. The property has been meticulously maintained, and each apartment has undergone multiple renovations with each tenant turnover. The building includes a laundry room in the basement. This property presents a unique opportunity for investors seeking a turn-key, fully leased property in a prime location. The property can continue to be used as is or converted 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. Located in Lenox Hill, the renovated property offers potential investors an opportunity to capitalize on future rent upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Baldwin Bell Green
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9659763
- Latitude
- 40.7660886
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FAQs
What type of property is this?
Apartment building - Turn-key, fully leased property with conversion potential in prime location.
Where is this apartment building located?
The property is located at 128 E 65Th St New York, NY.
What is the asking price?
The asking price for this property is $8,100,000.
What are key features of this property?
This property features: - AAA Location: Situated on a desirable townhouse block between Park and Lexington Avenues in Lenox Hill.; - Turn-Key Investment: Fully leased, free-market apartments offer immediate income potential.; - Conversion Potential: Opportunity to convert to a single-family home due to short-term leases.
