$3,325,000
315 E 51ST Street
MLS® #RLS11009922
Listing by Brown Harris Stevens Residential Sales LLC
10
Bedrooms
8.5
Baths
N/A
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Views: Other
- Style: WalkUp architecture
- Climate Control: Wall Units
Property Details
Description
315 East 51st Street is a 7-unit income producing investment property. The property currently consists of a total of five (5) free market rental units, with two (2) stabilized units. Several units have been recently renovated and others are meticulously well-maintained. Excellent midtown location surrounded by beautiful townhouses.
The house is comprised of a ground floor duplex 3-bed/2-bath unit, along with a spacious north facing Garden. The second and third floor's both have one (1) bedrooms respectively. The apartments feature spacious bedrooms. The top floor penthouse duplex features updated finishes, 2 bedrooms, washer/dryer in unit, soaring double height ceilings with a breathtaking skylight. All tenants have leases in place. The building will be delivered 100 % occupied with existing rents and leases, offering investors a cash flowing turnkey asset with future upside on lease renewals or convert to a grand single family residence.This property is also an ideal turn-key opportunity for those seeking to live with income in an immaculate 3 bedroom garden duplex with a large north-facing garden.
Specifications:
Stories: 5
Building Sq. Ft.: 5,760 Sq. Ft.
Building Width: 18.75 Ft.
Building Depth: 60 Ft.
Lot Width: 18.75 Ft
Lot Depth: 100.42 Ft.
Annual Taxes: $91,409.64
Current rent roll: $246,462
Perfect 1031 investment property with add on value opportunity. Several units are below market rent from Covid which can be raised at renewal.
All showings are by appointment only require advance notice for access.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Turtle Bay
View All Turtle Bay ListingsTurtle Bay is a refined and diplomatic corridor, home to the United Nations Headquarters and numerous international consulates. The neighborhood is famous for the historic Turtle Bay Gardens and its tree-lined streets. Real estate in Turtle Bay offers a wide selection, from elegant pre-war townhouses to modern luxury condominiums that provide a quiet residential atmosphere just steps away from the bustle of Midtown.
Turtle Bay Live Market Data
View NeighborhoodActive Listings
186
Median Asking Price
$1.03M
Median $/Sqft
$1,490
Avg Days on Market
N/A
New This Week
12
Price Reduced
33%
Sold (30 Days)
11
Median Sale Price
$970K
Live data from RLS at REBNY • Updated 4/15/26, 2:26 PM EST
Recently Sold in Turtle Bay
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Location
315 E 51ST Street, Turtle Bay, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Samuel Vincent Gilbert
Listing Contact: (917) 922-8147
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/15/2026 at 6:26 PM UTC