127 East 36th Street

127 East 36th Street a five-story building plus a cellar currently consists of 7 residential apartments. The subject property is ideal for an income producing investment property, an owner' s duplex plus income, a foreign government, or a conversion to luxury single family in the near future. The vacant 2000Sq.ft duplex apartment will be a treasure once it' s updated with your personal touch! It can also be converted to a triplex combining (2nd+3rd) with the ground (1st) floor to a luxury single family in the near future! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself.

The property benefits from excellent connectivity, with proximity to trains, and also contains additional development rights, while the property is subject to Landmark Preservation Committee approval, it is highly likely that the property may be able to utilize some or all of the additional air rights in the future.

All current leases available upon request.