Re-introducing 130 East 61st Street: a timeless gem making its second appearance on the market in over five decades. This distinguished townhouse offers a unique chance to own a well-renovated, income-generating property nestled on a prestigious block in the Upper East Side.
Renovated in 2023, this expansive 24-foot wide, multi-family townhouse spans over 8,450 square feet, gracing a tranquil tree-lined street between Park Avenue and Lexington Avenue, in the heart of coveted Lenox Hill.
Boasting eight free-market apartments, all currently leased, the townhouse showcases updated interiors, including elegantly refreshed hallways, a modernized façade, and a new privacy gate, elevating its allure for discerning investors seeking to enrich their portfolios. There is a significant opportunity to increase the rents to market levels as well.
Beyond its income potential, the property presents an enticing prospect for those with an eye for transformation. With the flexibility to convert into a luxurious single-family residence, set amidst the charm of a coveted tree-lined enclave just off Park Avenue, this offering holds immense value for astute buyers.
Upon entry, guests are greeted by an impressive lobby adorned with lofty ceilings. The garden-level apartment, a jewel in its own right, has undergone a gut renovation, emerging as a breathtaking three-bedroom, three-bathroom abode with direct access to a sprawling 33-foot garden.
Ascending to the upper floors reveals a seamless blend of grandeur and comfort. The first and second rear floors currently form an expansive two-bedroom duplex, featuring generous living spaces, adorned with soaring 21-foot ceilings, fostering an ambiance of openness and light. Additionally, the first floor holds an oversized, sun-drenched one-bedroom apartment, offering beautiful treelined views onto 61st Street.
The third and fourth floors unveil four well-appointed one-bedroom apartments, each boasting individual kitchens, bathrooms, and ample built-in closet space. Notably, the third-floor rear apartment opens onto a spacious private terrace, an idyllic retreat for al fresco relaxation.
With its prime location offering easy access to Central Park, renowned cultural institutions like The Metropolitan Museum of Art and The Guggenheim, upscale boutiques along Madison Avenue, and a plethora of Michelin-starred dining options, 130 East 61st Street epitomizes the quintessential Upper East Side lifestyle.
Whether you're an astute investor seeking to fortify your portfolio or an aspiring homeowner envisioning the epitome of urban luxury, this rare offering presents an unparalleled opportunity to realize your dreams in the heart of Manhattan's most coveted neighborhood.
