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113 + 115 East 39th Street

2 Residential Properties Offered at £7,824,422 in New York, NY

Executive Summary

Selling 113 + 115 East 39th Street together: Rare development opportunity to purchase side-by-side townhouses in midtown Manhattan- the properties can be kept separate or joined together. And yes, there is flexibility for a triple net lease on both, the owner renting the bottom two floors and the buyer taking over the upper apartments, or they can be delivered empty (with the exception of two rent stabilized tenants) to an owner with the vision to take advantage of the exciting possibilities. Asking price $10.25mm for both
113 East 39th St: Building square footage: 6,055 with a full basement
1st floor is office space
2nd floor x1 floor through apartment with an outside terrace
3rd floor x2 two-bedroom apartments, one has an outside terrace
4th floor x1 two bedroom apartment
5th floor x1 studio that is occupied RS, and x1 two-bedroom apartment
115 East 39th Street: Original building square footage: 6,254 + PH apartment
1st-floor office and medical space
2nd floor Medical office space
3rd floor. x1 studio and x1 one-bedroom currently occupied RS
4th floor x1 large apartment space
5th floor x1 studio and x1 one bedroom apartment
PH apartment with an outside terrace

Property Facts

Price £7,824,422
Price / SF £622.77 / SF
Net Initial Yield 7.50%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 12,564 SF
Total Land Area 0.08 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
115 E 39th St, New York, NY 10016 Residential 6,264 SF 1920 -
113 E 39th St, New York, NY 10016 Residential 6,300 SF 1900 -
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  • Listing ID: 33933445

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 113 + 115 East 39th Street, New York, NY

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