<p><span>315 East 51st Street is a 7-unit income producing investment property. The property currently consists of a total of five (5) free market rental units, with two (2) stabilized units. Several units have been recently renovated and others are meticulously well-maintained. Excellent midtown location surrounded by beautiful townhouses.<br></span><span><br>The house is comprised of a ground floor duplex 3-bed/2-bath unit, along with a spacious north facing Garden. The second and third floor's both have one (1) bedrooms respectively. The apartments feature spacious bedrooms. The top floor penthouse duplex features updated finishes, 2 bedrooms, washer/dryer in unit, soaring double height ceilings with a breathtaking skylight. All tenants have leases in place. The building will be delivered 100 % occupied with existing rents and leases, offering investors a cash flowing turnkey asset with future upside on lease renewals or convert to a grand single family residence.</span><span></span></p><p><span>This property is also an ideal turn-key opportunity for those seeking to live with income in an immaculate 3 bedroom garden duplex with a large north-facing garden.</span><span></span></p><br>Specifications: <br>Stories: 5<br>Building Sq. Ft.: 5,760 Sq. Ft. <br>Building Width: 18.75 Ft. <br>Building Depth: 60 Ft.<br>Lot Width: 18.75 Ft<br>Lot Depth: 100.42 Ft.<br>Annual Taxes: $91,409.64<br><br>Current rent roll: $246,462<br>Perfect 1031 investment property with add on value opportunity. Several units are below market rent from Covid which can be raised at renewal.<br><br>All showings are by appointment only require advance notice for access.<br><br><br><br><br>
Property Details
Property Features
Property Information:
Architectural Style: Walk-Up
Year Built: 1900
Listing Office:
Office Name: Brown Harris Stevens Residential Sales LLC
Office Phone: (212) 906-9234
Listing Agent: Paul Anand
Agent Phone: (212) 906-9346
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 8
Total Bedroom Count: 10
Exterior Features
Exterior Information:
View: Other
Utilities
Utilities Information:
Cooling: Wall Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $3,695,000
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/29/2024, 11:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
10
/10
East Side Elementray School-PS 267
213 E 63rd St
Distance between this listing and this school0.62 miles
Public District Grades PK-3
9
/10
PS 183 Robert L Stevenson
419 E 66th St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
10
/10
River School (The)
425 E 35th St
Distance between this listing and this school0.80 miles
Public District Grades PK-KG
Nearby Schools
9
/10
Ella Baker School
317 E 67th St
Distance between this listing and this school0.81 miles
Public District Grades PK-8
5
/10
Hunters Point Community Middle School
150 51st Ave
Distance between this listing and this school0.94 miles
Public District Grades 6-6
8
/10
PS/Intermediate School 217 Roosevelt Island
645 Main St
Distance between this listing and this school1.16 miles
Public District Grades PK-8
Nearby Schools
6
/10
Talent Unlimited High School
317 E 67th St
Distance between this listing and this school0.81 miles
Public District Grades 9-12
2
/10
Vanguard High School
317 E 67th St # 401
Distance between this listing and this school0.81 miles
Public District Grades 9-12
2
/10
Urban Academy Laboratory High School
317 E 67th St
Distance between this listing and this school0.81 miles
The neighbors living near this home have an average income of $87,134. The most common annual income of people living in New York, NY is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 315 E 51st St in New York City, NY and zip code 10022 in the Turtle Bay neighborhood. This home was built in 1900. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 02, 2023 and is currently priced at $3,695,000.
In March 2024, from all listings sold in New York, NY there were more than 154 sold above asking price, over 748 sold below and more than 645 were sold right at the asked price. In March 2024 in New York, NY there were 3.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.
From Rocket Homes Real Estate and based on county public records data.
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