best deal. best location.
upper east side, nyc
25’ Wide | 9,411 sqft
$24,700,000
a prime investment, steps from Central Park and on Manhattan’s finest townhouse block, exclusively and quietly represented by Global Wealth Office.
This 9,411-square-foot masterpiece generates stable income from long-term commercial tenants, offering a 4.35%-4.79% cash-on-cash return in a aaa location, with a projected cap rate exceeding 5% by 2027.
it also offers potential for conversion into a grand single-family residence, or even the possibility of combining with two neighboring houes to create an extraordinarily wide residence.
this property is a masterful bend of historic grandeur and modern innovation, promising a sound investment in new york’s most illustrious enclave.