Perfectly situated between 1st & 2nd Avenue on a tree-lined street, 329 East 52nd Street is a five story, 19 foot wide multi-family building. Spanning a total of 6,366 square feet with an additional 1,167 of unused FAR, the property consists of ten residential units, eight of which are free-market. Of the ten units, (4) are one bedrooms and (6) are converted two bedrooms, boasting exposed brick and decorative fireplaces throughout. In addition to the residential units, the property has a floor-through basement level with street access and office/community facility use is permitted on the first floor.
Located in heart of Midtown East, the property enjoys a central location along with the coveted charm and atmosphere of Sutton Place. Fully occupied and in excellent condition, this unique opportunity offers immediate cash-flow with upside and potential for a future conversion.
Listing Courtesy of Compass
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Prime Manhattan Residential and are marked with the name of the listing Broker. All information provided is deemed reliable but not guaranteed.