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25 E 38th St
New York, NY 10016 Murray Hill

$4,950,000 USD

Apartments For Sale  •  6,460 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,460 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1925
  • Cap Rate 4.42 %
  • Zoning R8BH (C 4)
100 Transit Score
98 Walk Score

Highlights

10 Units / 100% Free Market / Tax Class 2B Protected
Predominantly One-Bedroom Units with Upside in Rents
Value Proposition Compared to Competing Rental Markets
Murray Hill / Midtown East is an Urban Hub Attracting Sophisticated Businesses and Professionals
Steps from the Midtown Office Core, Grand Central, and Byrant Park
Excellent Connectivity via the 4, 5, 6, 7, S, B, D, F, and M trains

Property Flyers

Cap Rate: 4.42 %

Major Tenants

Tenant SF Occupied Lease End Date
Fife Capital
Madsen Advisors, LLC

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 6 min 0.3 mi
2 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
Grand Central-42 Street (4 - New York MTA Subway (The Subway), 42 St Shuttle - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway), 7 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 6 min 0.3 mi
5 Avenue-Bryant Park (7 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
33 Street (4,6 Line) (4 - New York MTA Subway (The Subway), 6 - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
34 Street-Herald Square (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 11 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 17 min - 8.5 mi
Newark Liberty International 22 min - 14.7 mi
John F Kennedy International 27 min - 16.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jonathan Hageman 212-812-5995 JLL
Jonathan Hageman 212-812-5995 JLL