Property Description for 126 East 37th Street
Massey Knakal has been retained on an exclusive basis to arrange for the sale of 126 East 37th Street, an 18.75' wide, 5 story, approximately 3,998 sq. ft. townhouse located in the Murray Hill Historic District. The building, originally constructed in 1868, consists of professional use on the ground floor (lower level with a separate entrance) and two residential duplex units above. Each duplex unit benefits from beautifully finished hardwood floors, exposed brick walls, crown moldings and their own HVAC units. The upper duplex consists of two bedrooms, one and a half bathrooms, a recently renovated kitchen and two separate balcony’s off the rear providing the opportunity for outdoor enjoyment. The lower duplex consists of two bedrooms and two and a half bathrooms. The entire building is Triple Net Leased on a month to month basis (currently paying $126,000/year), and could be delivered vacant in six months. The property lies on the south side of East 37th Street between Park and Lexington Avenues. The offering of 126 East 37th Street represents an excellent opportunity for a single family conversion, foreign government, nonprofit or live plus income user.