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Residential Income Property with Balconies
For Sale
$5,500,000

40 E 61ST Street 14A, New York City, NY 10065

Renovated kitchen, hardwood floors, and in-unit laundry complement this full-service condominium residence.

Property Size1,362 SF
Days on Market1275

Property Features for 40 E 61ST Street 14A

General Information

Standard status Active
Size 1,362 SF
Property subtype Apartment

Units

Unit Mix 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $26,400

Amenities

doorman

Building Details

Building Size 1,362 SF
Year Built 1927
Listing Agency: Douglas Elliman Real Estate
Listed By: Richard Nassimi · License #10301222206
Source: Tricialee
Added: Feb 15, 2023 Changed: Aug 8 Last Checked: Aug 12 at 3:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This residential income property is a south-facing, two-bedroom, two-bath condominium residence on the 14th floor of a 1927 pre-war building. The home features high ceilings, hardwood floors, generous closet space, open city views, and two large balconies. Its renovated kitchen includes stainless steel appliances, and a washer/dryer adds everyday convenience.

The full-service condominium is positioned one block from Central Park, with Manhattan shopping and dining nearby. Building services include a 24-hour doorman, and pets are permitted. The residence combines private outdoor space with established pre-war character and an updated kitchen within a full-service setting.

Key Highlights

  • Two‑bedroom, two‑bath residence on the 14th floor
  • Two large balconies with south‑facing exposure and open city views
  • Renovated kitchen with stainless steel appliances

Property Analytics

Current Use

Forty East Sixty ... Condominium Complex 40 East 61 ... Apartment Building Bruton Gallery Inc Art Gallery

Suggested Use

Top Pick Auto Parts Store Daycare Center Auto Repair Shop Butcher Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

45,907
Businesses Nearby

Demographics for 10065, NY

32,891
Population
22,734
Households
1.4
Avg Household Size
40
Median Age
86%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
82,228
Density / Sq Mi
$160,938
Median Household Income
$121,212
Median Earnings
$2,828
Median Rent
$1,368,200
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Renovated kitchen, hardwood floors, and in-unit laundry complement this full-service condominium residence.
Where is this residential income property located?
The property is located at 40 E 61ST Street 14A New York City, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence on the 14th floor; Two large balconies with south‑facing exposure and open city views; Renovated kitchen with stainless steel appliances
More about this property
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