Updated 4 years ago
Sold
136 East 30th Street
Kips Bay, Manhattan | Lexington Ave & Third Ave
22 Rooms10 Beds10 Baths7,200 Square FeetMulti-Family
$6,800,000
floors / apts4 / 5
Lot Size25'x100'
Built Size25' wide
ZoneR8B
Building TypeTownhouse
RE Taxes$48,384
Price Per SF
$944
This property was sold for $6,190,000 on 08/15/22.
Outdoor space and views
- Terrace
Building Amenities
- Voice Intercom
- Laundry Room
Property Description for 136 East 30th Street
Multi-Family Investment Property with 3.46% - 4.77% cap rate
25' Townhouse off Park Avenue South
5 Free Market Units
Can be Delivered Vacant (final lease expires 6/2023)
Built in the early 20th century, this wonderful multi-residential townhouse is superbly positioned in the heart of the city. The impressive scale of the house is showcased by its 25-foot width, five stories + cellar, approximately 6,730 square feet, multiple outdoor spaces, and fabulous natural light that the oversized windows draw in throughout. The building is currently divided into 5 incredibly well-maintained income generating apartments: four, one-and two-bedroom apartments and a parlor garden duplex; each offering unique details such as wood-burning fireplaces, exposed brick, oversized windows, outdoor space and exceptionally high ceilings. The parlor floor duplex is currently serving as an owner's duplex and the other units are fully rented with free market leases and excellent tenants. With a strong rent roll, low vacancy rate, very reasonable expenses, this house is a turn-key investment property with a very strong return. Alternatively, it can be reconfigured as a single-family home or live/work or a large owner's home with income-producing units. With a great location, a fantastic history with old-world detail, well-proportioned and lovely, desirable apartments and a very attractive financial profile, this is an incredible opportunity! The house can be delivered fully vacant if desired. (final lease expires 6/2023). Will provide full rent roll upon request.
Superbly positioned, 136 East 30th Street is surrounded by the best the city has to offer including a bounty of conveniences. Located on a pretty tree-lined block along with other extra-wide townhouses and apartment houses on the crossroads of NoMad and Kip's Bay. Only one block from Park Avenue South, the building is easily accessible to the Gramercy, Murray Hill, Flatiron, Union Square and Chelsea neighborhoods of Manhattan. The historic home is within a top dining area in the city with unlimited choices and numerous transportation options.
Apartments:
Parlor Garden Duplex: Grand scale 3 bedroom/ four bath duplex with nearly 11' ceilings renovated kitchens and baths, two wood-burning fireplaces, a double height atrium / greenhouse, central A/C and a huge private garden. Different options are available: Owner's duplex, income generating duplex rental or two separate apartment rentals each with own kitchen and private entry.
Apt 2F: Two bedroom/ one bath apartment with wood-burning fireplace.
Apt 2R: One bedroom/ one bath apartment
Apt 3R: Two bedroom/ two bath duplex with private terrace.
Apt 3F: Two bedroom/ two bath duplex with wood-burning fireplace and private terrace.
25' Townhouse off Park Avenue South
5 Free Market Units
Can be Delivered Vacant (final lease expires 6/2023)
Built in the early 20th century, this wonderful multi-residential townhouse is superbly positioned in the heart of the city. The impressive scale of the house is showcased by its 25-foot width, five stories + cellar, approximately 6,730 square feet, multiple outdoor spaces, and fabulous natural light that the oversized windows draw in throughout. The building is currently divided into 5 incredibly well-maintained income generating apartments: four, one-and two-bedroom apartments and a parlor garden duplex; each offering unique details such as wood-burning fireplaces, exposed brick, oversized windows, outdoor space and exceptionally high ceilings. The parlor floor duplex is currently serving as an owner's duplex and the other units are fully rented with free market leases and excellent tenants. With a strong rent roll, low vacancy rate, very reasonable expenses, this house is a turn-key investment property with a very strong return. Alternatively, it can be reconfigured as a single-family home or live/work or a large owner's home with income-producing units. With a great location, a fantastic history with old-world detail, well-proportioned and lovely, desirable apartments and a very attractive financial profile, this is an incredible opportunity! The house can be delivered fully vacant if desired. (final lease expires 6/2023). Will provide full rent roll upon request.
Superbly positioned, 136 East 30th Street is surrounded by the best the city has to offer including a bounty of conveniences. Located on a pretty tree-lined block along with other extra-wide townhouses and apartment houses on the crossroads of NoMad and Kip's Bay. Only one block from Park Avenue South, the building is easily accessible to the Gramercy, Murray Hill, Flatiron, Union Square and Chelsea neighborhoods of Manhattan. The historic home is within a top dining area in the city with unlimited choices and numerous transportation options.
Apartments:
Parlor Garden Duplex: Grand scale 3 bedroom/ four bath duplex with nearly 11' ceilings renovated kitchens and baths, two wood-burning fireplaces, a double height atrium / greenhouse, central A/C and a huge private garden. Different options are available: Owner's duplex, income generating duplex rental or two separate apartment rentals each with own kitchen and private entry.
Apt 2F: Two bedroom/ one bath apartment with wood-burning fireplace.
Apt 2R: One bedroom/ one bath apartment
Apt 3R: Two bedroom/ two bath duplex with private terrace.
Apt 3F: Two bedroom/ two bath duplex with wood-burning fireplace and private terrace.
Listing History for 136 East 30th Street
Now
08/15/2022
$6,190,000
Sold and Closed by Deanna Kory
Corcoran
04/28/2022
Contract Signed by Deanna Kory
Corcoran
Building Details for 136 East 30th Street
OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/5
Transit and Citi Bike
Subway
28 St
0.16 miles
33 St
0.17 miles
23 St
0.38 miles
28 St
0.4 miles
23 St
0.45 miles
Citi Bike
Lexington Ave & E 29 St
0.05 miles
E 31 St & 3 Ave
0.09 miles
Kips Bay | Manhattan
Quick Profile
If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.
First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them.
No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings.
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: 83028TH
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