Updated 6 years ago
Sold
331 East 65th Street
Upper East Side, Manhattan | Second Ave & First Ave
17 Rooms5 Beds5.5 Baths4,076 Square FeetMulti-Family
$3,800,000
floors / apts4 / 4
Building TypeTownhouse
RE Taxes$79,138
Price Per SF
$932
This property was sold for $3,800,000 on 07/06/20.
Outdoor space and views
- Backyard
- Deck
Building Amenities
- Voice Intercom
- Courtyard
- Garden
Property Description for 331 East 65th Street
6% CAP RATE! Delivered vacant! 100% free-market! Calling all buyers and investors with discerning taste and an eye for value! This 4-story, 4-family, income-producing property is a truly exceptional, incredibly versatile home! Located on a quiet tree-lined brownstone block, the 4,076 square foot property is 20-feet wide x 69-feet deep, sits on a 20-foot x 100-foot lot, and has 3,956 square feet of unused FAR (floor area ratio), allowing for expansion of the property.
The townhouse is currently laid out as a doctor's office on the ground floor topped by three gracious floor-through apartments. It could easily be reconfigured into an owner's duplex with two income-producing apartments above or as a single-family residence. Every floor boasts both south and north exposures for ample sunlight, and with its mid-block location, the townhouse is insulated from traffic noise and wonderfully serene. The property is enhanced by three private outdoor spaces: a gracious and sizable entrance courtyard, a lovely and verdant rear garden, and up on the third floor, a massive outdoor deck, perfect for summertime barbecues and lounging under the sun or stars year round.
While the townhouse has been updated and upgraded over the years, it retains the grace and charm of its era of construction, the 1920s. The property's prime Lenox Hill location puts you just steps from marvelous shopping, dining, parks, schools, entertainment, and every other residential convenience! Transportation couldn't be more convenient with options including the new Second Avenue Subway (63rd Street stop), the 6 train (68th Street stop), and the M66 crosstown bus. For those seeking a high-yield investment property, you have an endless stream of well-qualified tenants at the ready due to the property's excellent Upper East Side location as well as its proximity to NewYork-Presbyterian / Weill Cornell Medical Center; the Hospital for Special Surgery; Memorial Sloan Kettering; and The Rockefeller University, the world's leading biomedical research university.
Contact us to arrange a tour of this beautiful residence.
About the Property
Stories: 4
Units: 4
Building class: Four Families (C3)
Building Dimensions: 20 ft x 69 ft
Building Square Footage: 4,076 sq ft
Lot Dimensions: 20 ft x 100.42 ft
Lot Square Footage: 2,008 isq ft
Tax class: 2A
Annual RE Taxes: $78,266
Allowed usable floor area: 8,032 sq ft
Usable floor area as built: 4,076 sq ft
Unused FAR: 3,956 sq ft
Zoning district: R8B
The townhouse is currently laid out as a doctor's office on the ground floor topped by three gracious floor-through apartments. It could easily be reconfigured into an owner's duplex with two income-producing apartments above or as a single-family residence. Every floor boasts both south and north exposures for ample sunlight, and with its mid-block location, the townhouse is insulated from traffic noise and wonderfully serene. The property is enhanced by three private outdoor spaces: a gracious and sizable entrance courtyard, a lovely and verdant rear garden, and up on the third floor, a massive outdoor deck, perfect for summertime barbecues and lounging under the sun or stars year round.
While the townhouse has been updated and upgraded over the years, it retains the grace and charm of its era of construction, the 1920s. The property's prime Lenox Hill location puts you just steps from marvelous shopping, dining, parks, schools, entertainment, and every other residential convenience! Transportation couldn't be more convenient with options including the new Second Avenue Subway (63rd Street stop), the 6 train (68th Street stop), and the M66 crosstown bus. For those seeking a high-yield investment property, you have an endless stream of well-qualified tenants at the ready due to the property's excellent Upper East Side location as well as its proximity to NewYork-Presbyterian / Weill Cornell Medical Center; the Hospital for Special Surgery; Memorial Sloan Kettering; and The Rockefeller University, the world's leading biomedical research university.
Contact us to arrange a tour of this beautiful residence.
About the Property
Stories: 4
Units: 4
Building class: Four Families (C3)
Building Dimensions: 20 ft x 69 ft
Building Square Footage: 4,076 sq ft
Lot Dimensions: 20 ft x 100.42 ft
Lot Square Footage: 2,008 isq ft
Tax class: 2A
Annual RE Taxes: $78,266
Allowed usable floor area: 8,032 sq ft
Usable floor area as built: 4,076 sq ft
Unused FAR: 3,956 sq ft
Zoning district: R8B
Building Details for 331 East 65th Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts4/4
Transit and Citi Bike
Subway
Lexington Av/63 St
0.29 miles
68 St-Hunter College
0.32 miles
72 St
0.34 miles
Lexington Av/59 St
0.36 miles
59 St
0.4 miles
Citi Bike
E 65 St & 2 Ave
0.09 miles
1 Ave & E 68 St
0.15 miles
Upper East Side | Manhattan
Quick Profile
Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.
With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.
Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .
There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 77525TH
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