113 E 39th St - Apartments FOR SALE


New York, NY 10016- Murray Hill
$10,950,000 USD
917-858-4034
113 E 39th St, New York, NY for Sale
$10,950,000 USD
Apartments - FOR SALE
1/24
null | 8% Cap Rate

113 E 39th St
New York, NY 10016
Murray Hill


OVERVIEW

113 & 115 East 39th Street – Offered Together Midtown Manhattan | Development & Investment Opportunity A rare opportunity to acquire two side-by-side townhouses in Midtown Manhattan, offering exceptional flexibility for investors, developers, or owner-users. The properties may be maintained as separate buildings or combined, allowing for multiple redevelopment, repositioning, or income-producing strategies. The ownership is open to creative structures, including a triple-net lease on both properties, with the owner retaining the lower floors and the buyer assuming control of the upper residential units. Alternatively, the buildings can be delivered vacant, excluding two rent-stabilized tenants, providing a blank canvas for a buyer with vision. 113 East 39th Street Approx. 6,055 SF + Full Basement 1st Floor: Office space 2nd Floor: Full floor-through apartment with private outdoor terrace 3rd Floor: Two (2) two-bedroom apartments, one with an outdoor terrace 4th Floor: One (1) two-bedroom apartment 5th Floor: One (1) studio apartment (rent-stabilized) One (1) two-bedroom apartment 115 East 39th Street Approx. 6,254 SF + Penthouse Apartment 1st Floor: Office and medical space 2nd Floor: Medical office space 3rd Floor: One (1) studio and one (1) one-bedroom apartment (rent-stabilized) 4th Floor: One (1) large apartment 5th Floor: One (1) studio and one (1) one-bedroom apartment Penthouse: Private apartment with outdoor terrace Highlights Side-by-side Midtown townhouses Ability to combine or keep separate Multiple residential and commercial income streams Outdoor terraces and penthouse unit Flexible delivery and lease options

FOR SALE DETAILS

PRICE

$10,950,000 USD

PRICE/SF

$1,738 USD /SF

# OF UNITS

15

PRICE/UNIT

$730,000

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

113 - 115 E 39th street, New York, NY - 10016

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,400 SF

ZONING

R8B

APN/PARCEL ID

0895-0012

ASK ABOUT THIS PROPERTY

Cara HogueLexington Plastic SurgeonsMore Info
917-858-4034

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Cara HogueLexington Plastic SurgeonsMore Info
917-858-4034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.