This five-story, elevator multi-family townhouse sit’s mid-block on the beautiful tree-lined E 37th St between Park Avenue and Lexington.
Spanning a generous 21 feet wide and including approximately 8,500 square feet in size, this six-unit townhouse poses an ideal investment opportunity. There is potential to convert 107 E 37th St into a trophy single family townhouse with an additional floor built to create a grand 10,000 SF mansion off Park Avenue. Additionally, one could use as primary residence plus income producing investment, or have the potential to convert to commercial use for a consulate or embassy.
It includes a beautiful triplex with a private garden patio, state-of-art chef’s kitchen and soaring ceiling heights.
A renovated third floor two-bedroom unit features a balcony, and the fourth level full-floor 2 bedroom/2-bathroom apartment includes a glass-enclosed solarium and outdoor terrace. Two of the six units are rent stabilized, for a total current income of $345,214/yr. Featuring a beautifully-finished common rooftop as well as a common laundry room in the basement, this property is in turn-key condition.
Centrally-located in the heart of Murray Hill, this building is just minutes away from Midtown’s best shopping, dining, and transportation including Grand Central Station.
660 Madison Avenue
New York, NY 10065