Built-in the early 20th century, this wonderful multi-residential townhouse is positioned in the heart of the city. The impressive scale of the house is showcased by its 25-foot width, five stories + cellar, approximately 6,730 square feet, multiple outdoor spaces, and fabulous natural light that the oversized windows draw in throughout. The building is currently divided into 5 incredibly well-maintained income-generating apartments: four, one-and two-bedroom apartments and a parlor garden duplex; each offering unique details such as wood-burning fireplaces, exposed brick, oversized windows, outdoor space, and exceptionally high ceilings. The parlor floor duplex is currently serving as an owner’s duplex and the other units are fully rented with free market leases and excellent tenants. With a strong rent roll, low vacancy rate, and very reasonable expenses, this house is a turn-key investment property with a very strong return. Alternatively, it can be reconfigured as a single-family home or live/work or a large owner’s home with income-producing units. With a great location, a fantastic history with old-world detail, well-proportioned and lovely, desirable apartments, and a very attractive financial profile, this is an incredible opportunity! The house can be delivered fully vacant if desired (the final lease expires on 6/2023).
Superbly positioned, 136 East 30th Street is surrounded by the best the city has to offer including a bounty of conveniences. Located on a pretty tree-lined block along with other extra-wide townhouses and apartment houses on the crossroads of NoMad and Kip’s Bay. Only one block from Park Avenue South, the building is easily accessible to the Gramercy, Murray Hill, Flatiron, Union Square, and Chelsea neighborhoods of Manhattan.
