Key Details
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Listed: Sep 17, 2024Days on Market: 96Building Type: CooperativeNeighborhood: Lenox Hill (Manhattan)
Insider Highlights
- Prime Upper East Side Location: Nestled between Lexington and 3rd Avenues, this townhouse offers easy access to luxury shopping, fine dining, and cultural landmarks.
- Investment Potential: With four spacious residential units, this property presents an excellent opportunity for rental income or condominium conversion in a high-demand area.
- Historical Charm: Built in 1920, this four-story townhouse reflects the rich architectural history of the Upper East Side, offering a unique living experience.
- Strong Rental Market: The Upper East Side is known for its consistently high rental demand, making this property a lucrative investment for long-term income.
- Proximity to Central Park: Just a few blocks away, Central Park provides an oasis of greenery and recreation, enhancing the appeal of urban living.
- Cultural Landmarks Nearby: Minutes away from world-renowned museums like the Metropolitan Museum of Art and the Guggenheim, enriching the neighborhood's cultural experience.
Description
This four-story townhouse, built in 1920, reflects the Upper East Side’s rich architectural history. With a total gross floor area of 4,512 sq. ft., this building offers four spacious residential units. The building’s structure, a classic multi-unit walk-up, presents an excellent opportunity for long-term investment, either as a rental income property or as a condominium conversion project.
Property Summary
Address: 186 East 75th Street, New York, NY 10021 Property Type: Multi-unit walk-up building Total Units: 4 Residential Units Zoning: R8B Gross Floor Area: 4,512 sq. ft. Lot Area: 1,912 sq. ft. Lot Frontage: 18.75 ft. Lot Depth: 102.17 ft. Year Built: 1920 Block: 1409 Lot: 144Zoning District: R8B, offering medium-density residential development with contextual height limits that maintain the Upper East Side’s classic townhouse aesthetics.
Building Class: Walk-up Apartments - Cooperative (C6)
Investment Opportunity
186 East 75th Street offers a rare opportunity to acquire a 4-story townhouse with four individual units in the heart of the Upper East Side, one of the most desirable neighborhoods in Manhattan.
This property represents an excellent investment for those looking to own a multifamily building in a prime location known for its historical charm, quality amenities, and high demand for housing.
Location Overview
Neighborhood: Upper East Side Located in Manhattan Community District 8, 186 East 75th Street offers a quintessential Upper East Side living experience. This townhouse is situated within close proximity to some of New York City’s most iconic cultural destinations, parks, and shopping hubs. Central Park: Just a few blocks west, Central Park offers an oasis of greenery and recreation.Museums: World-renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum are minutes away. Shopping and Dining: Madison Avenue offers luxury shopping, while a variety of dining options are available on Lexington and 3rd Avenues. Public Transportation: Excellent access to public transportation, with the 6 train at 77th Street and the Q train nearby at 72nd Street, making commuting throughout the city convenient.
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Apartment Amenities
- City View
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