Printed from StreetEasy.com at 12:56 PM, Jun 16 2019

345 East 65th Street

$8,995,000 for sale
10,060 ft²$894 per ft²20 rooms20 beds20 baths
Multi-family in Lenox Hill
345 East 65th Street $8,995,000
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Listing by Avison Young New York Llc, Limited Liability Broker, 1166 Avenue Of The Americas, New York NY 10036.
Days On Market
26 Days
Last Price Change
No Recorded Changes
Estimated Payment
Monthly Taxes
N/A
Monthly Maintenance
N/A
Tax Abatement
No Data Available

About the Listing

Seller's Agent
Bradley Rothschild

Description

Avison Young has been engaged by ownership as exclusive agent to sell 345 East 65th Street in the Lenox Hill neighborhood of Manhattan. Located on the north side of East 65th Street between First and Second avenues. The multi-family property, which has had the same owner for 20+ years, features 10,060 ± gross square feet and 20 residential apartments.

The property is currently comprised of nine one-bedroom apartments, nine are two bedroom apartments and two three bedroom apartments. 16 units are free-market, three are rent-stabilized and one is rent-controlled. The majority of the free-market apartments have been renovated to include granite countertops, stainless steel appliances, exposed brick and marble bathrooms. The building benefits from a laundry room in the basement. Given the large percentage of freemarket units this property provides strong in-place cash flow, with future upside in rent growth.

Lenox Hill’s residential feel, combined with major economic drivers and its proximity to the Second Avenue Subway, continues to drive residents and investors to the neighborhood. 345 East 65th Street offers a potential investor the opportunity to generate future cashflow in one of Manhattan’s most sought-after locations.

About the Building

345 East 65th Street  New York, NY 10065

Rental Building in Lenox Hill

Units20 UnitsFloors5 StoriesBuilt1910 Built

Sales listings: 1 active
Rentals listings: 97 previous
Documents and Permits: 15 documents

Price History

05/21/2019 Listed by Avison Young New York LLC $8,995,000

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Nearby

Transportation
  • F Q at 63rd Street 0.27 miles
  • Q at 72nd Street 0.36 miles
  • F Q at Lexington Av 0.36 miles
  • 6 at 68th St 0.37 miles
  • N R 4 5 6 W at Lexington Av-59 St 0.45 miles
View subway lines on Google Maps
Schools
District 02 - Schools zoned for this address:
J.H.S. 167 Robert F. Wagner (06,07,08,SE)
P.S. 183 Robert L. Stevenson (PK,0K,01,02,03,04,05,SE)
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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Listed By

Avison Young New York Llc, Limited Liability Broker, 1166 Avenue Of The Americas, New York NY 10036.
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