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 diverse, 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
564
Median Asking Price
$1.49M
Median $/Sqft
$1,440
Avg Days on Market
N/A
New This Week
19
Price Reduced
39%
Sold (30 Days)
44
Median Sale Price
$1.63M
Live data from RLS at REBNY • Updated 2/16/26, 2:42 PM EST
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Location
49 E 74th Street, Lenox Hill, New York County
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
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.
RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 7:42 PM UTC