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Residential Income Property with Office

40 E 61ST Street 14A, Manhattan, NY 10065

For Sale
$5,500,000

Condominium residence offers flexible living space, extensive storage, and full-service building amenities.

Property Size1,362 SF
Price / SF$4,038
Days on Market1364

Property Features for 40 E 61ST Street 14A

General Information

Standard status Active
Size 1,362 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR/1.5BA convertible to 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $26,400

Amenities

24-hour doorman
laundry room
building storage
hardwood floors

Building Details

Building Size 1,362 SF
Year Built 1927
Listing Agency: Douglas Elliman Real Estate
Listed By: Richard Nassimi · License NY #10301222206
Source: Miradorrealestate
Added: Feb 15, 2023 Changed: Nov 7 Last Checked: Nov 8 at 2:25PM

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

Rey
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Investment Insights

Based on property information with market context.

This residential income property is a condominium residence with an oversized one-bedroom layout that can be converted to two bedrooms. The interior includes a foyer, living and dining areas, a separate office zone with a built-in desk, and a kitchen with granite countertops and substantial cabinetry. Hardwood floors, extensive storage, a dressing area, four closets, a double-vanity en-suite bath, and a separate powder room are also included. Four south-facing windows bring natural light into the main living space.

The building dates to 1927 and provides full-service amenities, including 24-hour doormen, a laundry room, and building storage. The property is located at 40 E 61ST Street in New York City’s Upper East Side, near Central Park, Madison Avenue shopping, and neighborhood restaurants.

Key Highlights

  • One‑bedroom condominium layout convertible to 2 bedrooms
  • 1.5 baths, including an en‑suite bathroom with double vanity
  • Four south‑facing windows in the living and dining room

Property Analytics

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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
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Condominium residence offers flexible living space, extensive storage, and full-service building amenities.
Where is this residential income property located?
The property is located at 40 E 61ST Street 14A Manhattan, 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: One‑bedroom condominium layout convertible to 2 bedrooms; 1.5 baths, including an en‑suite bathroom with double vanity; Four south‑facing windows in the living and dining room
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