$8,100,000

Estimated payment $55,675/month

Total Views 9,422
10 Beds
9 Baths
5,594 Sq Ft
$1,448 Price per Sq Ft

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.

Listing Agent

Tim Desmond

Compass License #30DE0427390 Listed on: 04/23/2025

Compass

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$162,864

Year Built

Built in 1939

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: 4

Interior Features

  • Fireplace: No
  • Living Area: 5594.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 4
  • Bathrooms Integer: 7
  • Bedrooms: 10

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: 20.000000x100.420000

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 4
  • Year Built: 1939

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01399
  • Tax Lot: 0061
  • Tax Annual: 162864.0

Multi Family

  • Building Area Units: Square Feet
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20018566

Real Estate Board of New York (REBNY)