Unicorn Four-Unit Multifamily
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
