• MLS# CORC-5432306ID
  • Townhouse
  • Beds: 10
  • Baths: 8
  • Built: 1920

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 gross income of $356,574.24/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.

Courtesy of The Corcoran Group

  • Elevator
  • Pets: Yes
  • Building type : Elevator
  • Elevators total : 1
  • General condition : Good
  • Lot length : 98
  • Lot width : 21
  • Monthly tax amount : 10773.08
  • Number of units total : 6
  • Stories total : 5
  • Tax block : 893
  • Year built : 1920

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