Buy with Yoreevo
$2,946,517
List Price: $2,999,000
Share Listing
Save Listing
East 19th
Townhouse in Gramercy Park •  building info
9bd • 8ba
Buy with Yoreevo

$2,946,517

List Price

$2,999,000

Description
For Sale: Gramercy Multi-Family, 8 Units (3 Free Market, 5 Rent-Stabilized) | $2,999,000 Rare Investment opportunity! Nestled on a quiet, tree-lines block in Gramercy Park, this boutique pre-war multi-family building offers an exceptional opportunity on Manhattan's coveted east side. Built in 1910 and meticulously maintained, the four-story walk-up comprises 8 residential units across approximately 4,196 square feet, blending timeless character with reliable income. The property features six spacious studios and two duplex two-bedroom residences, one of which includes a private balcony. A shared rooftop terrace and basement add to the building's functionality and desirability. Set on a 20" x 92" lot within an R7B/C1-6A zoning district, the building provides zoning flexibility with strong income performance and favorable valuations, the property offers both stable returns and meaningful upside. Ideally located just under half a mile from Union Square and major subway lines-including the L, N, Q, R, 4, 5, 6, and W-352 E 19th Street combines the best of Manhattan convenience with Gramercy's signature neighborhood charm. A rare chance to acquire a boutique multi-family asset in one of Manhattan's most enduringly desirable residential enclaves. The property also carries 1,207 sq. ft. of unused air rights.

Hide full description

Building info

Buy your dream home with us and get an estimated $52,483 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Brown Harris Stevens