Multi-family

  • $4,350,000
333, East 52nd Street, Beekman, Manhattan Community Board 6, Manhattan, New York County, City of New York, New York, 10022, United States
For Sale
Multi-family
333, East 52nd Street, Beekman, Manhattan Community Board 6, Manhattan, New York County, City of New York, New York, 10022, United States
  • $4,350,000

Description

Prime Multi-Family Investment Opportunity in Midtown East – 333 E 52nd Street

Address: 333 E 52nd Street, New York, NY, 10022
Price: $4,350,000 ($725,000/Unit)
Sale Type: Investment
Type: 2-Star Mid-Rise Apartments
Location: Central Business District (CBD)
Units: 6
Stories: 5
Building Class: C
Gross Building Area (GBA): 6,135 SF
Typical Floor Size: 1,417 SF
Number of Buildings: 1
Units per Acre: 150/AC
Market Segment: All
Rent Type: Market

Investment Overview:

333 E 52nd Street presents an exceptional multi-family investment opportunity in Midtown East, one of Manhattan’s most prestigious and high-demand residential neighborhoods. This five-story mid-rise apartment building offers six spacious market-rate units, providing a strong rental income stream with potential for future appreciation.

Key Features:

Prime Midtown East Location:

  • Located in Sutton Place, a sought-after residential enclave known for its luxury living, diplomatic residences, and high-end amenities.
  • Steps from Park Avenue, the United Nations Headquarters, and prime office districts, attracting affluent professionals and long-term tenants.
  • Surrounded by fine dining, boutique retail, and cultural institutions, making it highly desirable for renters seeking a premium Midtown lifestyle.

Stable Income & Long-Term Appreciation Potential:

  • 6 market-rate residential units, ensuring flexibility in rental pricing and no rent stabilization restrictions.
  • High per-unit valuation of $725,000/unit, reflecting the property’s premium location and tenant appeal.
  • Upside potential through renovations or repositioning, increasing rental value and return on investment.

Building & Operational Efficiency:

  • 6,135 SF across 5 stories, with a typical floor size of 1,417 SF, allowing for spacious unit layouts.
  • Class C construction, providing an opportunity for upgrades to enhance property value.
  • Investor-friendly asset with low management complexity and steady occupancy demand.

Thriving Midtown East Residential Market:

  • Midtown East continues to attract professionals, diplomats, and corporate executives, ensuring strong rental demand.
  • Ideal for multi-family investors, developers, or long-term holders looking for a stable cash-flowing asset in an established market.
  • Competitive pricing at $4,350,000 ($725,000/unit), offering a solid entry point into Manhattan’s luxury rental market.

Investment Highlights:

6-unit mid-rise apartment building in Sutton Place / Midtown East
$4,350,000 asking price ($725,000/unit) with market-rate rents
6,135 SF total space with an efficient layout and investor-friendly structure
Stable rental income with potential for value-add appreciation
Prime location near Park Avenue, the UN, and Midtown’s corporate hubs

Conclusion:

333 E 52nd Street presents an outstanding investment opportunity for multi-family investors looking for a cash-flowing, well-positioned asset in one of Manhattan’s most prestigious neighborhoods. With market-rate rents, stable demand, and long-term appreciation potential, this property is an ideal choice for investors seeking strong returns and a foothold in the Midtown East market.

Contact us today to schedule a private tour and secure this exceptional investment property!

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