131 E 65TH ST, Manhattan, NY 10065
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131 E 65TH ST, Manhattan, NY 10065
131 E 65TH ST, Manhattan, NY 10065
131 E 65TH ST, Manhattan, NY 10065
131 E 65TH ST, Manhattan, NY 10065
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Listed by Douglas Elliman Real Estate
$ 12,000,000
Est. payment /mo
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131 E 65TH ST Manhattan, NY 10065


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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Subdivision Upper East Side

MLS Listing ID RPLU-5122251300

Annual Tax Amount $7,456

Property Sub-Type Single Family

Property Description

Magnificent 20'-wide townhouse on a beautiful, tree-lined block off Park Avenue!

This 5-story townhouse has 6,750 interior square feet (including a 950 square foot basement) and 500 square feet of outdoor space on three levels. Currently configured as a residence + office with private entrance, It generates $600,000 annually in gross income, perfect for an investor or live + income user. The net operating Income is approximately $510,000, resulting in an attractive 4.25% cap rate at the price of $12,000,000. Additionally, the 1,900 square foot ground floor medical office rents for $240,000 annually.

The 4-bedroom residence on the top 4 floors is currently rented for $360,000 annually, but can be delivered vacant. It has 4,300 interior square feet, 500 exterior square feet, and features large rooms, high ceilings, excellent natural light, hardwood floors, and three outdoor spaces. Further beautiful details include six working fireplaces, ornate moldings and millwork, and solid cherry-wood doors. State-of-the-art systems and appliances have been installed in every part of the house and the workmanship is of the highest quality. Great outdoor space on three levels: large terraces at rear of second and third floors and small terrace at the front of the fifth floor.

This is a comfortable, charming home in a prime Upper East Side location.

Also available for rent.

Location

State NY

County Manhattan

Community Upper East Side

Rooms

Other Rooms LegalRoomsTotal: 12.00

Exterior

Garage No

Building

Story 1

Structure Type Walk-up

Others

Pets Allowed Pets allowed


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131 E 65TH ST