49 East 74th Street

7,783 Sq. Ft.
$1,221 / Sq. Ft.
7,783
Sq. Ft.
$1,221
per Sq. Ft.

Description

49 East 74 Street is a gut renovated 9-unit, five-story Elevator townhouse between Madison Avenue and Park Avenue with 8 one-bedroom apartments and a ground floor through unit with garden patio. All apartments are 100% free market and are fully tenanted with a 1% vacancy rate. Building is approximately 7,800 sq ft. built 20’ x 86’ on a 102-foot lot.
49 East 74 Street was gut renovated in 2006 and features an Elevator, communal furnished roof deck, deep high-ceilinged cellar with individual tenant
...49 East 74 Street is a gut renovated 9-unit, five-story Elevator townhouse between Madison Avenue and Park Avenue with 8 one-bedroom apartments and a ground floor through unit with garden patio. All apartments are 100% free market and are fully tenanted with a 1% vacancy rate. Building is approximately 7,800 sq ft. built 20’ x 86’ on a 102-foot lot.

49 East 74 Street was gut renovated in 2006 and features an Elevator, communal furnished roof deck, deep high-ceilinged cellar with individual tenant storage closets, and a large laundry room with 3 washers and dryers. All apartments have individual thermostats for heat and air conditioning with compressors on the roof.

The building’s gas lines were replaced throughout from the street in 2021 with the addition of new mechanicals for heating and hot water. All apartment kitchens are electric for cooking and have been meticulously renovated after each tenant turnover.

This property features a unique opportunity for investors seeking a turn-key, fully leased property in a
AAA location or convert to Single Family, as all leases are short-term. With its amenities and attractive rent basis, ownership has enjoyed extremely quick turnover when an apartment becomes available.

49 East 74 Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in the middle of sought-after Lenox Hill. Please contact the agent for listing set up.

Amenities

  • Common Roof Deck
  • Common Outdoor Space
  • Elevator
  • Laundry in Building
  • Voice Intercom
  • Private Storage For Rent
  • Midrise
LISTING UPDATED: 11/21/2025 12:49 PM

Property Details for 49 East 74th Street

StatusActive
Days on Market264
Taxes$14,674 / month
Maintenance-
Min. Down Pymt0%
Total Rooms20.0
Compass TypeMulti Family
MLS Type-
Year Built1910
Lot Size2,040 SF / 20' x 102'
CountyNew York County
Buyer's Agent Compensation2.5%

Building

49 E 74th St

8 Units5 StoriesBuilt in 1910

Location

Listing Courtesy of: .

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Building Information for 49 East 74th Street

Stories5Residences8Year Built1910Building Size20' x 86'Building Sq. Ft8,600 SFLot Size2,040 SF / 20' x 102'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$72,551 per month

30 year fixed, 6.15% Interest

Principal and Interest

$57,877

Property Taxes

$14,674

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 49 East 74th Street

DateEvent & SourcePriceAppreciation
Apr 24, 2025

Listed (Active)

Manual

$9,500,000
DateEvent & SourcePrice
04/24/2025

Listed (Active)

Manual

$9,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 49 East 74th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 6 Lillie D Blake
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 167 Robert F Wagner
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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49 East 74th Street is a multi-family home for sale in Lenox Hill. This property was listed for sale on April 24, 2025 by Compass, it's currently listed at $9,500,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 6 Lillie D Blake, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 49 East 74th Street is a 9-bed, 10-bath, 7,783 sqft multi-family home built in 1910.

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