Contacts
Cushman & Wakefield
Cushman & Wakefield
Cushman & Wakefield
Cushman & Wakefield
Property Details
- Property Type Unassigned
- Property Size 6,300 SF
- Lot Size 0.05 Acre
- Year Built 1910
- Date Updated Feb 20, 2025
Cushman & Wakefield has been exclusively retained to sell 114 East 37th Street, a 7-unit, 20’ wide walkup apartment building with 6 free market apartments and 1 rent stabilized unit. The property is located on the south side of beautifully tree-lined East 37th Street between Park and Lexington Avenues in the Murray Hill Historic District.
The building is approximately 6,300± SF and has been recently renovated and well-maintained. The residential units consist of a ground floor studio in the front and a rent stabilized 1-bed/1-bath apartment in the rear with a private garden. The second floor is a spacious floor-through 3-bed/2-bath apartment with exceptionally high ceilings. The third floor has a 3-bed/2-bath duplex and a 2-bed/1-bath apartment. The 4th floor has a portion of the third-floor duplex plus a 1-bed/1-bath apartment. The fifth floor has a floor-through 3-bed/2-bath apartment. The apartments feature spacious bedrooms, tall ceilings, lots of natural light, hardwood floors, in unit washers/dryers, faux fireplaces, garden facing rear windows with very little street noise and a video intercom security system for the front door.
The building is 100% occupied offering investors a cash flowing turnkey asset with future upside on lease renewals. The property benefits from its tax class protected 2B status where NYC cannot raise the taxes each year by more than 8% from the year prior, or 30% over five years. Many of the neighboring townhouses hav
Reach out to the broker for more info on lease terms and amenities
Getting around
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99/100
Walk Score ®
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100/100
Transit Score ®
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79/100
Bike Score ®
Location
- City NEW YORK, NY
- Neighborhood Murray Hill
- Zip Code 10016
- Market Manhattan
Points of Interest
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Grand Central 42nd Street entrance
0.28 miles
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Grand Central
0.29 miles
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Grand Central 42nd Street / Vanderbilt Avenue entrance
0.29 miles
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Grand Central 43rd Street / Vanderbilt Avenue entrance
0.33 miles
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Grand Central 43rd Street / Lexington Avenue entrance
0.33 miles
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43rd / Vanderbilt
0.33 miles
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Grand Central North - 335 Madison Av Entrance
0.39 miles
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44th Street Elevator
0.39 miles
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5th Avenue
0.40 miles
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Grand Central - 45th Street Entrance
0.43 miles
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ChargePoint
0.31 miles
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Bus Charging Station
0.50 miles
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Tesla Supercharger
0.52 miles
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BP
0.95 miles
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Mobil
1.11 miles
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Citgo
1.52 miles
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Gulf
1.73 miles
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Sunoco
1.82 miles
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Select Garages
0.11 miles
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Red Ball Garage
0.31 miles
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Icon Parking
0.35 miles
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icon 24hr Parking
0.36 miles
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intlFcstone 10022 LOCi Multi
0.40 miles
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SP+
0.41 miles
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City Parking
0.44 miles
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Quik Park Garage
0.48 miles
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Hippodrome Parking
0.53 miles
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NYU Langone Parking Lot D
0.54 miles
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The Shelburne Sonesta
0.06 miles
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The Kitano New York
0.10 miles
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70 Park Avenue Hotel
0.10 miles
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Madison Towers Hotel
0.14 miles
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The Renwick Hotel
0.15 miles
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The William
0.15 miles
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POD 39
0.15 miles
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Murray Hill East Suites
0.16 miles
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Seton Hotel
0.18 miles
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Pestana Park Avenue
0.18 miles
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D'Agostino
0.15 miles
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Sunrise Mart
0.29 miles
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Muji
0.30 miles
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Trader Joe's
0.31 miles
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Dover Street Market
0.32 miles
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Gristedes
0.33 miles
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Koreatown Shopping Court
0.36 miles
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Mrs. K's
0.36 miles
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Kalustyan's
0.41 miles
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H Mart
0.43 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
