212-776-1200
331 E 52nd St, New York, NY for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate

331 E 52nd St
New York, NY 10022


OVERVIEW

Lee & Associates NYC is pleased to present exclusively for sale the multifamily building located at 331 East 52nd Street, New York, NY 10022 (the “Property”). Located in the heart of Midtown East, the Property features 9 rent-stabilized units, with approximately half of them recently renovated to set first legal rents. The renovations in these units feature top-of-the-line finishes, creating a high watermark for current rents. The Property is less than a 5-minute walk to the Lexington Avenue/53rd Street subway station, providing easy access to the E and M lines. Additionally, it is less than a mile from Grand Central Station, allowing for ease of access to all of Manhattan and beyond. 331 East 52nd Street offers both an excellent residential experience for tenants and a compelling opportunity for investors seeking a desirable location with updated, high-quality units.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6B, New York (C5)

APN/PARCEL ID

1345-0115

ASK ABOUT THIS PROPERTY

Thomas GamminoLee & AssociatesMore Info
212-776-1200

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

Thomas GamminoLee & AssociatesMore Info
212-776-1200

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