331 E 52nd St
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331 E 52nd St
9 Unit Apartment Building For Sale New York, NY 10022
Executive Summary
Lee & Associates NYC is pleased to present exclusively for sale the multifamily building located at 331 East 52nd Street, New York, NY 10022 (the “Property”). Located in the heart of Midtown East, the Property features 9 rent-stabilized units, with approximately half of them recently renovated to set first legal rents. The renovations in these units feature top-of-the-line finishes, creating a high watermark for current rents.
The Property is less than a 5-minute walk to the Lexington Avenue/53rd Street subway station, providing easy access to the E and M lines. Additionally, it is less than a mile from Grand Central Station, allowing for ease of access to all of Manhattan and beyond. 331 East 52nd Street offers both an excellent residential experience for tenants and a compelling opportunity for investors seeking a desirable location with updated, high-quality units.
The Property is less than a 5-minute walk to the Lexington Avenue/53rd Street subway station, providing easy access to the E and M lines. Additionally, it is less than a mile from Grand Central Station, allowing for ease of access to all of Manhattan and beyond. 331 East 52nd Street offers both an excellent residential experience for tenants and a compelling opportunity for investors seeking a desirable location with updated, high-quality units.
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- Offering Memorandum
Property Facts
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 9 | Building Size | 6,139 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid Rise | Year Built | 1910 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 6,139 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1910 |
Unit Amenities
- Dishwasher
- Storage Space
- Heating
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Views
- Deck
- Den
- Garden
- Intercom
- Patio
- Skylights
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 1345-0115 | Improvements Assessment | $561,797 |
| Land Assessment | $450,000 | Total Assessment | $749,840 |
PROPERTY TAXES
Parcel Number
1345-0115
Land Assessment
$450,000
Improvements Assessment
$561,797
Total Assessment
$749,840
zoning
| Zoning Code | R6B, New York (C5) |
| R6B, New York (C5) |
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331 E 52nd St
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