49 E 74th Street
MLS® #RLS20018797
Listing by Compass
9
Bedrooms
10
Baths
7,783
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1910)
Property Details
Description
49 East 74 Street is a gut renovated 9-unit, five-story Elevator townhouse between Madison Avenue and Park Avenue with 8 one-bedroom apartments and a ground floor through unit with garden patio. All apartments are 100% free market and are fully tenanted with a 1% vacancy rate. Building is approximately 7,800 sq ft. built 20’ x 86’ on a 102-foot lot. 49 East 74 Street was gut renovated in 2006 and features an Elevator, communal furnished roof deck, deep high-ceilinged cellar with individual tenant storage closets, and a large laundry room with 3 washers and dryers. All apartments have individual thermostats for heat and air conditioning with compressors on the roof. The building’s gas lines were replaced throughout from the street in 2021 with the addition of new mechanicals for heating and hot water. All apartment kitchens are electric for cooking and have been meticulously renovated after each tenant turnover. This property features a unique opportunity for investors seeking a turn-key, fully leased property in a AAA location or convert to Single Family, as all leases are short-term. With its amenities and attractive rent basis, ownership has enjoyed extremely quick turnover when an apartment becomes available. 49 East 74 Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in the middle of sought-after Lenox Hill. Please contact the agent for listing set up.
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Lenox Hill
View All Lenox Hill ListingsLenox Hill offers a sophisticated blend of residential tranquility and cosmopolitan convenience. As one of the most coveted sections of the Upper East Side, the neighborhood is defined by its proximity to Central Park, world-class medical institutions, and the high-end boutiques of Madison Avenue. The housing stock here is wide-ranging, from palatial pre-war cooperatives to sleek, modern condominiums that offer sweeping views of the East River and the city skyline.
Lenox Hill Live Market Data
View NeighborhoodActive Listings
583
Median Asking Price
$1.35M
Median $/Sqft
$1,368
Avg Days on Market
N/A
New This Week
36
Price Reduced
37%
Sold (30 Days)
72
Median Sale Price
$1.65M
Live data from RLS at REBNY • Updated 3/19/26, 10:25 PM EST
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Location
49 E 74th Street, Lenox Hill, New York County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
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Listing Courtesy of Compass - Timothy E Desmond
Listing Contact: (646) 263-4061
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RLS Data display by Keller Williams NYC. Data last updated on 3/20/2026 at 2:25 AM UTC