121 EAST 37 STREET

For Sale - Manhattan - Murray Hill

$9,500,000

Net Operating Income: Contact Agent

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Key Details

Property Type
MultiFamily
Neighborhood
Murray Hill
Property Dimensions
25.0 x 90.0
Property Area
7,080 sq.ft.
Total Units:
12
Stories:
4
NOI
Contact Agent
Price
$9,500,000
Price Per Unit
$791,666
Cap Rate
-%

Listing Description

JLL has been exclusively retained to market for sale 121 East 37th Street, a fully free market, elevatored, 5-story, 9,124 square foot multifamily property located between Third and Lexington Avenues. The units are comprised of 1-studio, 1 two-bedroom, and 9 one-bedroom apartments. The apartments have been extensively renovated with high-end condo-style finishes and a number of them have private outdoor patios and/or mezzanine lofts. Located near Grand Central Station, this is an incredible opportunity for a condo conversion, a single-family user, or a corporate housing operator to acquire a highly desirable luxury property.

Property Details

Block/Lot:
893/15
Lot Dimensions
25.0 x 98.75
Lot Area
2,469 sq.ft
Zoning:
R8B
FAR as Built:
2.87
Max FAR:
4.0
Brock EmmetsbergerJLL
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Sales & Transactions

AddressSale PriceSale DateProperty Type
254 EAST 33RD STREET$4,450,00007/25/2018MultiFamily
123 EAST 39TH STREET$6,000,00007/24/2018MultiFamily
21 EAST 37TH STREET$13,500,00012/21/2016MultiFamily
2 EAST 30TH STREET$4,584,00012/05/2016MultiFamily
121 EAST 37TH STREET$7,463,00012/05/2016MultiFamily
151 EAST 38TH STREET$6,052,00012/05/2016MultiFamily
111 EAST 39TH STREET$5,600,00009/27/2016MultiFamily
107 EAST 37 STREET$7,600,00008/03/2016MultiFamily
139 EAST 33RD STREET, 12D$481,00002/18/2016MultiFamily
139 EAST 33RD STREET, 12E$699,00002/18/2016MultiFamily