Multi-housing / PRS

121 East 37th Street

E 37th St New York, New York United States 10016
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Key Facts

Building Area

Property Description

JLL has been exclusively retained to market for sale 121

East 37th Street, a fully free market, elevatored, 5-story,

9,124 square foot multifamily property located between

Third and Lexington Avenues.

Investment Highlights

The property is currently

in the middle stages of a lease-up plan of which 7 of the

11 units have been rented. The units are comprised of

1-studio, 1 two-bedroom, and 9 one-bedroom apartments.

The apartments have been extensively renovated with

high-end condo style finishes and a number of them have

private outdoor patios and/or mezzanine lofts. Many of the

apartments benefit from soaring ceiling heights providing

them with excellent light and air. Located near Grand

Central Station and in the center of Manhattan’s office core,

this is an incredible opportunity for a condo conversion,

a single family user or a corporate housing operator to

acquire a highly desirable and versatile luxury property.

Last Updated Date: 19 Jan 2021
Brock Emmetsberger
Managing Director, Capital Markets
Clint Olsen
Clint Olsen
Managing Director, Capital Markets
License details

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Last Updated Date: 19 Jan 2021

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