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Prewar Residential Income Property

71 Park Avenue 3B, Manhattan, NY 10016

For Sale
$2,375,000

The three-bedroom condominium has 1,579 square feet, a windowed kitchen, and a private basement storage cage.

Property Size1,579 SF
Price / SF$1,504
Days on Market54

Property Features for 71 Park Avenue 3B

General Information

Standard status Active
Size 1,579 SF
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $20,544

Amenities

doorman
laundry facilities
bike room
furnished outdoor space
storage lockers

Building Details

Building Size 1,579 SF
Year Built 1924
Listing Agency: Sothebys International Realty
Listed By: Aimee N Denaro-Becker
Source: Dallien
Added: Sep 17 Changed: Nov 8 Last Checked: Nov 8 at 1:52PM

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 Sothebys International Realty

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Investment Insights

Based on property information with market context.

This 1,579-square-foot condominium in a 1924 prewar building offers three bedrooms, two windowed bathrooms, and 9'3" ceilings. The living room includes a wood-burning fireplace fitted with an electric insert, while the open kitchen features a Wolf oven and cooktop, Sub-Zero refrigerator, Asko dishwasher, and U-Line wine refrigerator. The primary bedroom has an en-suite bath and three closets, including two walk-ins; the second bedroom also has multiple closets. A washer and dryer, through-wall air conditioning in every room, and a basement storage cage are included.

The full-service condominium is at 71 Park Avenue between 38th and 39th Streets. The building has 43 apartments and provides full-time doormen, laundry facilities, a bike room, furnished outdoor space, and storage lockers. Grand Central and the Upper East Side are cited as nearby destinations.

Key Highlights

  • 1,579‑square‑foot, three‑bedroom condominium
  • Built in 1924; boutique building with 43 apartments
  • 50 feet of Park Avenue frontage

Property Analytics

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Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

46,936
Businesses Nearby

Demographics for 10016, NY

62,336
Population
36,985
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
124,672
Density / Sq Mi
$153,065
Median Household Income
$107,691
Median Earnings
$3,321
Median Rent
$928,400
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 - The three-bedroom condominium has 1,579 square feet, a windowed kitchen, and a private basement storage cage.
Where is this residential income property located?
The property is located at 71 Park Avenue 3B Manhattan, NY.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 1,579‑square‑foot, three‑bedroom condominium; Built in 1924; boutique building with 43 apartments; 50 feet of Park Avenue frontage
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