141 E 17th St - Apartments FOR SALE


New York, NY 10003- Gramercy Park
$7,250,000 USD
212-589-5118
141 E 17th St, New York, NY for Sale
$7,250,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

141 E 17th St
New York, NY 10003
Gramercy Park


HIGHLIGHTS

  • CASH FLOWING ( 100% OCCUPIED)
  • LUXURY FINISHES (VIKING APPLIANCES & CENTRAL AIR)
  • ¼ MILES FROM SUBWAY LINES (4, 5, 6, N, Q, R, W, L)
  • ALL UNITS RENOVATED
  • ROOF TOP TERRACES
  • LARGE SPACIOUS UNITS

OVERVIEW

Cushman & Wakefield has been exclusively retained to arrange the sale of 141 East 17th Street, a distinguished 3-unit luxury multi-family building nestled in the heart of Gramercy Park. This premier property presents a rare opportunity for buyers to acquire a turn-key, loft-like renovated property in one of the most desirable neighborhoods in all of Manhattan. 141 East 17th Street spans +/-6,720 square feet, including a +/-3,700 square foot, 4-bedroom / 3.5 bath triplex unit with private rooftop terrace and full rear garden, a 2-bedroom unit / 2-bath duplex unit with a private rooftop terrace, and a renovated single-story unit on the ground floor. All three units feature open chef kitchens with Viking appliances, dishwashers, washer/dryers in-unit, wide-plank white oak floors, and split-system central air. The property boasts an additional +/-2,480 square feet of air rights, offering potential for future expansion or development initiatives. The building is located at the congruence of Gramercy Park to the north, Union Square park to the west, and Stuyvesant Square Park to the east. The area is renowned for its historic charm and proximity to an array of cultural and recreational attractions from fine dining establishments to boutique shops and renowned landmarks. The building is steps away from NYU, Parsons School of Design, Strand Book Store, Union Square Greenmarket, and a host of other neighborhood staples. Public transportation is easily accessible from this property via the 4, 5, 6, L, N, Q, R, and W subway lines as well as numerous bus lines that service the area. With its prime location and desirable amenities, 141 East 17th Street presents an unparalleled opportunity for buyers seeking to capitalize on the prestige and income potential of the Gramercy Park real estate market.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$1,079 USD /SF

# OF UNITS

3

PRICE/UNIT

$2,416,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R8B

APN/PARCEL ID

0873-0031

ASK ABOUT THIS PROPERTY

Bobby CarrozzoCushman & WakefieldMore Info
212-589-5118

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Bobby CarrozzoCushman & WakefieldMore Info
212-589-5118

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.