$8,100,000
Updated 16 days ago
Off Market

128 East 65th Street

Upper East Side, Manhattan | Park Ave & Lexington Ave

20 Rooms10 Beds5.5 Baths5,594 Square FeetMulti-Family

$8,100,000
floors / apts5 / 5
Lot Size17'x100'
ZoneR8B
Building TypeTownhouse
RE Taxes$162,864
Price Per SF
$1,448

Outdoor space and views

  • Backyard
  • Balcony
  • Patio

Building Amenities

  • Voice Intercom
  • Elevator
  • Laundry Room
  • Storage

Property Description for 128 East 65th Street

This 20’ wide classic Brownstone is located on a beautiful townhouse block between Park Avenue and Lexington Avenue featuring 5 full-floor, 100% free-market apartments, each with 1.5 baths serviced by a large elevator. The building is approximately 6,000 sq ft. and backs onto low townhouses, allowing the sun to pour through the house. The property has been meticulously maintained, and each apartment has undergone multiple renovations with each tenant turnover. The property features a unique opportunity for investors seeking a turn-key, fully leased property in a AAA location to continue using as is or convert to single-family, as all apartments are short-term. With full floor apartment layouts and attractive rent basis, ownership has enjoyed minimal loss factor with quick tenant turnover. Laundry Room in Basement. 128 East 65th Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in Lenox Hill. Please contact the agent for listing set up.

Building Details for 128 East 65th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1939
Floors/Apts5/5
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/63 St
0.09 miles
68 St-Hunter College
0.18 miles
Lexington Av/59 St
0.24 miles
59 St
0.26 miles
5 Av/59 St
0.4 miles

Citi Bike

E 67 St & Park Ave
0.13 miles
E 63 St & 3 Ave
0.15 miles

Contact Agent

Contact Agent

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: 100287TH