Property Description for 105 East 37th Street
> Rare opportunity to acquire an exquisite Murray Hill elevatored apartment building.
> Located on a tree-lined landmark block and surrounded by some of the best lowrise residential architecture residential architecture found in midtown,this six-unit building is a prime candidate for an owner seeking extraordinaryliving space plus investment income.
> Intriguing multi-level architectureoffers fabulous Duplex and Triplex Manhattan living spacesin a central midtown location.
> Excellent neighborhood for medical offices.Floors range from 1,100 to 2,000 sq. ft. and the building totals approximately 12,100 sq. ft. including the finished cellar.
> There are approximately 800 sq. ft. of terraces.
> The house underwent a majorrenovation in 1987 with a new 4 passenger elevator, upgraded electric andplumbing, roof and penthouse addition.
> Professional office was built in 1998.Each apartment has individual heat/cooling/hot water packs.Note: Existing 4-1/4% 5-year first mortgage with Sovereign Bankto May 2015.
> Must be assumed with $2,500,000 balance and 1 point fee.Professional: Medical office, 4,500 sq. ft. triplex, tenant also pays $10,000annually towards RET. Monthly Rent: $19,500. Lease Expires: 10/31/12
> #2A: Front, One bedroom. Monthly Rent: $2,550. Lease Expires: 06/30/13
> #2B: Rear, Duplex 3 bedroom/3 bath, mezzanine plus terrace. Monthly Rent:4,800. Lease Expires: 06/30/13#
> 3A/B: Full floor, One bedroom/2 bath plus terrace. Monthly Rent: $3,700. Lease Expires: 07/31/13
> #4A: Front, PH Triplex , 3-4 bedroom/3 bath plus terrace. Monthly Rent: $3,400 Lease Expires: 04/30/13
> #4B: Rear, PH Triplex, 2-3 bedroom/3 bath plus terrace. Monthly Rent: $4,800Lease Expires: 06/30/13