303 E 37th St - Apartments FOR SALE


New York, NY 10016- Murray Hill
$82,500,000 USD
917-435-3697
303 E 37th St, New York, NY for Sale
$82,500,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

303 E 37th St
New York, NY 10016
Murray Hill


OVERVIEW

Built in 1941, this impeccably maintained Art Deco cooperative seamlessly blends timeless architectural charm with modern convenience. The building’s striking dual butterfly-wing tower design is anchored by an elegant Art Deco lobby, rich in original detailing that evokes a bygone era of craftsmanship and style. Rising six stories, 303 East 37th Street offers an intimate, boutique feel with well-curated amenities including a central laundry room, video intercom system, bike room, dual private storage rooms, and a peaceful common courtyard. A dedicated live-in superintendent ensures exceptional maintenance and resident care. South-facing residences enjoy open views over the Queens Midtown Tunnel entrance, while the neighboring Armenian Church and St. Vartan Park provide a rare two-block buffer of open sky, greenery, and natural light—enhancing both privacy and livability. Situated just minutes from Grand Central Terminal, residents benefit from easy access to the S/4/5/6/7 trains, as well as the nearby East River Esplanade, offering scenic paths for biking, jogging, or relaxing waterfront walks. The building’s walkability and connectivity are unparalleled. Each of the 83 apartments is infused with distinctive prewar character, showcasing unique layouts, charming architectural details, and a warmth that’s rarely replicated in modern construction. But beyond its residential appeal lies an extraordinary development opportunity. With 80,000 square feet of existing space and an additional 80,000 square feet of buildable potential, 303 East 37th Street presents a rare chance to reimagine a historic property in a premier Midtown East location. Currently configured as 83 units—with only three rent-stabilized apartments—this cooperative is exploring the dissolution of its current structure and opening the door to a bold new vision. Whether you’re an investor, developer, or visionary buyer, this property is a canvas ready for transformation. With a fantastic location, a stunning architectural foundation, and endless potential, 303 East 37th Street is ready to be reimagined—and we’re here to help bring that vision to life.

FOR SALE DETAILS

PRICE

$82,500,000 USD

PRICE/SF

$1,031 USD /SF

# OF UNITS

83

PRICE/UNIT

$993,976

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

303 East 37th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,849 SF

ZONING

C1-9

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sydney BlumsteinCorcoran Group Real EstateMore Info
917-435-3697

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Sydney BlumsteinCorcoran Group Real EstateMore Info
917-435-3697

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