Estimated payment $55,675/month
Highlights
- Elevator
- 2-minute walk to Lexington Avenue-63 Street
- No Heating
- East Side Elementary School, P.S. 267 Rated A
- Laundry Facilities
About This Home
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 apartment has undergone multiple renovations with each tenant turnover. The property features a unique opportunity for investors seeking a turn-key, fully leased property in a AAA location to continue using as is or convert to single-family, as all apartments are short-term. With full floor apartment layouts and attractive rent basis, ownership has enjoyed minimal loss factor with quick tenant turnover. Laundry Room in Basement. 128 East 65th Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in Lenox Hill. Please contact the agent for listing set up.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $162,864
Year Built
- Built in 1939
Lot Details
- Lot Dimensions are 20.000000x100.420000
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,594 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Legal Lot and Block 0061 / 01399
Community Details
Overview
- 6 Units
- Lenox Hill Subdivision
Amenities
- Laundry Facilities
- Elevator
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $165,716 | $1,325,160 | $159,554 | $1,165,606 |
| 2024 | $165,716 | $1,325,516 | $434,700 | $1,146,542 |
| 2023 | $178,278 | $1,453,316 | $235,475 | $1,217,841 |
| 2022 | $172,302 | $2,778,300 | $434,700 | $2,343,600 |
| 2021 | $159,956 | $2,222,550 | $434,700 | $1,787,850 |
| 2020 | $150,595 | $2,157,750 | $434,700 | $1,723,050 |
| 2019 | $140,994 | $1,798,200 | $434,700 | $1,363,500 |
| 2018 | $142,190 | $1,117,935 | $324,302 | $793,633 |
| 2017 | $137,783 | $1,083,287 | $355,453 | $727,834 |
| 2016 | $129,312 | $1,003,044 | $352,984 | $650,060 |
| 2015 | $55,968 | $928,746 | $343,611 | $585,135 |
| 2014 | $55,968 | $859,950 | $267,885 | $592,065 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | For Sale | $8,100,000 | -- | $1,448 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20018566
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