$6,995,000

Unicorn Four Unit Multifamily

  • 6 Beds
  • 9 Baths
  • 4,574 Sqft
  • MLS#41614106

About the Property

131 East 39th Street is a meticulously maintained five-story townhouse comprised of four luxury residences; an owner’s duplex and three beautifully renovated apartments above. Built in 1925 on an 18’ x 83’ lot, the property is zoned for C1-5/R10. The building has a current FAR of 3.06 with a maximum FAR of 10 offering substantial future development potential.

Equally appealing as an inve
131 East 39th Street is a meticulously maintained five-story townhouse comprised of four luxury residences; an owner’s duplex and three beautifully renovated apartments above. Built in 1925 on an 18’ x 83’ lot, the property is zoned for C1-5/R10. The building has a current FAR of 3.06 with a maximum FAR of 10 offering substantial future development potential.

Equally appealing as an investment or end-user opportunity, the building features four thoughtfully renovated residences that feel like true homes, all renovated to an exceptional standard.

Current Layout:

Owner’s Duplex: A beautifully renovated three-bedroom, two-and-a-half-bathroom home with a private landscaped garden. Soaring 11’5” ceilings on the main living level and distinctive architectural details make this a truly unique Manhattan residence.

Second Floor: An oversized one-bedroom, one-bathroom apartment featuring a truly exceptional designer renovation. Executed to an uncompromising standard, the residence offers custom detailing, top-tier finishes, and a level of quality rarely found even in luxury new-construction condominiums. It features a double steam shower, vented W/D, landscaped terrace, and a sophisticated programmable lighting and dimmer system.

Third Floor: A bright and spacious one-bedroom, one-and-a-half-bathroom residence with a vented washer/dryer and a sun-filled kitchen opening directly onto a private terrace, perfect for al fresco dining.

Top Floor: A one-bedroom, two-bathroom apartment with a vented washer/dryer. The kitchen is incredibly unique in New York City, as it’s illuminated by an entire ceiling of skylights, as is the secondary bathroom which features a soaking tub beneath its own skylit ceiling.

131 East 39th Street is a truly unique offering. The combination of beautifully maintained residences, income-producing possibilities, and significant development potential is exceptionally rare in Manhattan. Opportunities like this seldom come to market because they don’t usually exist. A true unicorn right in the middle of midtown Manhattan!
  • Property type

    Townhouse

  • Year built

    1925

  • Price/sqft

    $1,529

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131 East 39th Street , New York, NY 10016, United States View on Google Maps
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Aimee Denaro Becker
New York, United States
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Aimee Denaro Becker Aimee Denaro Becker background
7
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2018
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Sotheby's International Realty - East Side Manhattan Brokerage
Sotheby's International Realty - East Side Manhattan Brokerage
650 Madison Avenue, 10022, New York, New York, United States
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The East Side Manhattan office is just moments away from Central Park in one of
the most desirable neighborhood
The East Side Manhattan office is just moments away from Central Park in one of
the most desirable neighborhoods in the city. The East Side is known for its
world-renowned shopping, fine dining, museums and galleries, and convenient
proximity to the midtown business and theatre districts. It is also known for
its prime Manhattan real estate, which includes some of the city’s most elegant
historic and prewar homes. Our brokerage staff offers unsurpassed service to our
clients. Our agents are thoroughly familiar with the neighborhoods in this area,
and with all aspects of sales, including the demands of the luxury co-op market.
Last updated
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First listed
Aug 25
Listing reference
6CG5YK
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