315 East 51st Street
315 East 51st Street
$3,695,000
10
8
1
5,760
5,760
$641
Description
315 East 51st Street is a 7-unit income producing investment property. The property currently consists of a total of five (5) free market rental units, with two (2) stabilized units. Several units have been recently renovated and others are meticulously well-maintained. Excellent midtown location surrounded by beautiful townhouses. The house is comprised of a ground floor duplex 3-bed/2-bath unit, along with a spacious north facing Garden. The second and third floor's both have one (1) bedrooms respectively....315 East 51st Street is a 7-unit income producing investment property. The property currently consists of a total of five (5) free market rental units, with two (2) stabilized units. Several units have been recently renovated and others are meticulously well-maintained. Excellent midtown location surrounded by beautiful townhouses. The house is comprised of a ground floor duplex 3-bed/2-bath unit, along with a spacious north facing Garden. The second and third floor's both have one (1) bedrooms respectively. The apartments feature spacious bedrooms. The top floor penthouse duplex features updated finishes, 2 bedrooms, washer/dryer in unit, soaring double height ceilings with a breathtaking skylight. All tenants have leases in place. The building will be delivered 100 % occupied with existing rents and leases, offering investors a cash flowing turnkey asset with future upside on lease renewals or convert to a grand single family residence. This property is also an ideal turn-key opportunity for those seeking to live with income in an immaculate 3 bedroom garden duplex with a large north-facing garden. Specifications: Stories: 5 Building Sq. Ft.: 5,760 Sq. Ft. Building Width: 18.75 Ft. Building Depth: 60 Ft. Lot Width: 18.75 Ft Lot Depth: 100.42 Ft. Annual Taxes: $91,409.64 Current rent roll: $246,462 Perfect 1031 investment property with add on value opportunity. Several units are below market rent from Covid which can be raised at renewal. All showings are by appointment only require advance notice for access.
Property Details for 315 East 51st Street
Zoning
R8B
ViewOther
Location
LISTING UPDATED: 04/29/2024 10:32 AM
Property Details for 315 East 51st Street
Status | Active |
---|---|
MLS ID | RPLU-21922708462 |
Days on Market | 209 |
Taxes | $7,617 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 15.0 |
Compass Type | Townhouse |
MLS Type | House/Building |
Year Built | 1900 |
Lot Size | 1,800 SF / 100' x 18' |
County | New York County |
Building
Location
Building Information for 315 East 51st Street
Stories5Residences9Year Built1900Building Size18.75' x 60'Building Sq. Ft5,625 SFLot Size1,800 SF / 100' x 18'Building AgePre-warBuilding TypeTownhouse
Payment Calculator
$27,782 per month
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Property Information for 315 East 51st Street
Property History for 315 East 51st Street
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 315 East 51st Street
Taxable ValueLand$508,500Additions$1,031,400Total$1,539,900
Home Facts
Total Finished SqFt5,760 SqFtLot Size1,883 SqFtYear Built1900ZoningR8BAPN1013440007
Schools near 315 East 51st 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. 59 Beekman Hill International PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 104 Simon Baruch 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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