346 E 51st St 7 Unit Apartment Building $5,500,000 ($785,714/Unit) New York, NY 10022

Great Investment Opportunity in Midtown East Manhattan
This exceptional multifamily townhouse is located on a beautiful tree-lined street in the heart of Midtown East Manhattan, just one block from the United Nations and the East River. The property features 7 residential units, including 4 free-market units and 3 rent-stabilized units, offering an outstanding opportunity for both investors and owner-occupants.
The fully renovated modern duplex combines the ground and first floors and offers 3 bedrooms, 2 full bathrooms, and 1 half bathroom. Elegant pre-war details, soaring ceilings, oversized windows, and hardwood floors throughout create a bright and sophisticated living environment filled with natural light.
The ground floor features a spacious primary suite with custom-built closets and French doors leading to a beautiful private backyard garden, perfect for outdoor entertaining. The luxurious bathroom includes a separate shower and Jacuzzi tub. A separate entrance leads to a studio bedroom with its own full bathroom, providing flexibility for guests, extended family, or additional privacy. An in-unit washer and dryer add convenience to everyday living.
The first floor offers a customized chef’s kitchen, a spacious living room with fireplace, impressive pre-war high ceilings, and oversized windows that flood the apartment with natural light. This level also includes an additional bedroom or home office, as well as a private elevator connecting the ground and first floors.
From the second through the fourth floors, each level consists of two standard one-bedroom apartments featuring hardwood floors, oversized windows, and abundant natural light. Every unit is equipped with its own central heating and air conditioning system, along with separate electric meters.
Additional upgrades include a brand-new roof, new gas line, and a newly installed central air conditioning system throughout the building.
An ideal property for investment, owner occupancy, or a combination of both.
24-hour notice is required for all showings. Proof of funds is also required.