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.
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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!
