
49 E 74th St New York, NY 10021
Upper East Side NeighborhoodEstimated payment $66,035/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | For Sale | $9,500,000 | -- | $1,221 / Sq Ft |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20018797

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