Documents
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Key facts
Year Built | 1910 |
Building Area Gross |
|
Land Area Gross |
|
Rentable Area |
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Number of units | 5 |
Occupancy | 100.0 % |
Property description
JLL has been retained on an exclusive basis to arrange for the sale of 122 East 37th Street, a 24.50’ wide, 4 story apartment building located on the south side of East 37th Street between Park and Lexington Avenues. Currently the property contains 4 residential apartments and a large basement currnetly functioning
as a meeting room.
Of the 4 units, 3 are Free market and 1 is Rent Controlled. All of the units in the building are full floor units. The apartments are currently arranged as one or two bedroom apartments with superior 15’ foot ceilings heights. The unit layouts and large basement space
allows for flexible occupancy in order to maximize rents
on all floors.
Investment highlights
122 East 37th Street Street possesses an exceptional worldclass location virtually equidistant from Midtown Manhattan, the United Nations, NYU Langone Medical Center, Yeshiva University and the Empire State Building. This, together with the building’s incredible potential will appeal to a wide array of investors, residential end users, institutions and foreign governments looking for a facility in close proximity to the United Nations and Midtown. The property will be sold on an as-is whetreis basis.