$9,500,000

Estimated payment $66,035/month

Total Views 5,032
9 Beds
10 Baths
7,783 Sq Ft
$1,221 Price per Sq Ft

Highlights

  • Laundry Facilities
  • P.S. 6 Lillie D. Blake Rated A
  • No Heating

About This Home

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.

Listing Agent

Tim Desmond

Compass License #30DE0427390 Listed on: 04/24/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $176,076

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.000000x102.170000

Home Design

  • 7,783 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 10 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Block 01389

Community Details

Overview

  • 8 Units
  • Lenox Hill Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$176,076

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 1
  • Structure Type: Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Fireplace: No
  • Living Area: 7783.0
  • Living Area Units: Square Feet
  • Rooms (Total): 20

Beds/Baths

  • Full Bathrooms: 10
  • Bathrooms Integer: 10
  • Bedrooms: 9

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Green Building Features: Elevator(s)
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x102.170000

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 5
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01389
  • Tax Lot: 0000
  • Tax Annual: 176076.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $9,500,000 -- $1,221 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Similar Homes in the area

  • 151 Ave B Unit BUILDING, East Village, NY 10009

    $7,850,000

    • 7 Beds
    • 5 Baths
    • 4,416 Sq Ft
    • 151 Ave B
    • Unit BUILDING
    • East Village, NY

    Built circa 1849 and bordering Tompkins Square Park to the East, The Charlie Parker Residence is a rare example of a Gothic Revival style townhouse. The home includes gorgeous original details with double wood doors, a decorative relief beneath the projecting box cornice and the well-preserved pointed archway with clustered colonettes. This 5 apartment, 23' wide building boasts high

    Elizabeth Stile Stile Real Estate LLC

    Section Image
  • 38 E 73rd St, New York, NY 10021

    $7,250,000

    • 7 Beds
    • 6 Baths
    • 5,340 Sq Ft
    • 38 E 73rd St
    • New York, NY

    Upper East Side Townhouse – Rare OpportunityAn exceptional opportunity awaits at 38 East 73rd Street, a five-story townhouse with over 5,300 square feet of living space. This property offers the blank canvas to design and complete your dream home in one of Manhattan’s most sought-after neighborhoods. 38 East 73rd is a Neo-Grec/Queen Anne style townhouse built in 1899 and designed

    Hunie Kwon Compass

    Section Image
  • 161 E 74th St, New York, NY 10021

    $8,675,000

    • 7 Beds
    • 5.5 Baths
    • 6,691 Sq Ft
    • 161 E 74th St
    • New York, NY

    Be a part of the Upper East Side renaissance! Two Family House currently configured as a single residence, 161 East 74th Street is in the most quintessential Lennox Hill location. Captivating views through the double height ceiling of the top floor greenhouse of the St. Jean Baptiste Church and private garden vignettes. Exceptional light on all floors. With over 6,600 square feet of

    Victoria Vinokur Brown Harris Stevens Residential Sales LLC

    Section Image
  • 125 E 69th St, New York, NY 10021

    $8,750,000

    • 7 Beds
    • 7 Baths
    • 7,475 Sq Ft
    • 125 E 69th St
    • New York, NY

    Multi-family Townhouse in the Heart of the Upper East Side.125 East 69th Street is a distinguished 20-foot-wide, five-story, multi-family townhouse located on a charming tree-lined street just off Park Avenue. Designed in 1872 by architect John Sexton and developed by Christopher Keyes, the home boasts an ornamental limestone and brick façade, complete with a delicately carved portico

    Jason Bauer Sothebys International Realty

    Section Image
  • 128 E 65th St, New York, NY 10065

    $8,100,000

    • 10 Beds
    • 9 Baths
    • 5,594 Sq Ft
    • 128 E 65th St
    • New York, NY

    This 20’ wide classic Brownstone is located on a beautiful townhouse block between Park Avenue and Lexington Avenue featuring 5 full-floor, 100% free-market apartments, each with 1.5 baths serviced by a large elevator. The building is approximately 6,000 sq ft. and backs onto low townhouses, allowing the sun to pour through the house. The property has been meticulously maintained, and each

    Tim Desmond Compass

    Section Image
  • Unlisted Address

    $9,750,000

    • 8 Beds
    • 6.5 Baths
    • 7,228 Sq Ft

    At present, this property is configured as four rental units with front and back terraces on the upper floors, and one opulent 2-bedroom 3.5 bath triplex unit with private garden. Create a solarium, glass rooftop, or entertain in your private garden. Use your imagination and call your architect to convert this property into an absolutely fabulous spacious single-family mansion in the heart of the

    Asher Alcobi Peter Ashe

    Section Image
  • 111 E 61st St, New York, NY 10065

    $8,750,000

    • 7 Beds
    • 5 Baths
    • 9,502 Sq Ft
    • 111 E 61st St
    • New York, NY

    111 East 61st Street represents the rare opportunity to acquire a grand and spacious townhouse, with flexible use options. The building has a width of 19 feet on a 100 foot lot, and is built 9,500 square feet, and the grandiosity and location of the building make it ideal for a foundation, private office, private gallery, or residential conversion. Most recently, it was used as office

    Ian Slater Compass

    Section Image
  • 130 E 61st St, New York, NY 10065

    $7,995,000

    • 11 Beds
    • 12 Baths
    • 130 E 61st St
    • New York, NY

    Re-introducing 130 East 61st Street: a timeless gem making its second appearance on the market in over five decades. This distinguished townhouse offers a unique chance to own a well renovated, income-generating property nestled on a prestigious block in the Upper East Side.Renovated in 2023, this expansive 24 foot wide, multi-family townhouse spans over 8,450 square feet, gracing a

    Jaime Richichi Sothebys International Realty

    Section Image
  • 8 W 71st St, New York, NY 10023

    $7,495,000

    • 8 Beds
    • 8 Baths
    • 6,100 Sq Ft
    • 8 W 71st St
    • New York, NY

    Features of the property include 20' of width, generous ceiling heights, abundant natural light, and beautifully maintained original details. Delivered vacant, the property offers the unique opportunity to create a luxurious single-family home in a the heart of the Upper West Side. Currently configured as 10 units, it offers a valuable investment opportunity or could be reconfigured for a

    Richard Pretsfelder Leslie J Garfield & Co Inc

    Section Image

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20018797

Real Estate Board of New York (REBNY)