-1853 4-Family Townhouse for Sale -Fair Market Rentals -Central A/C Throughout -Fully Renovated Units
Calling all investors! This beautifully maintained historic townhouse features four fully occupied units, outdoor space and an ideal location on one of Murray Hill’s prettiest blocks.
-Overview: Each expansive, full-floor home in this handsome building features high ceilings, hardwood floors, oversized lattice casement windows on the northern and southern exposures, beautifully renovated kitchens with stainless steel appliances, and central air conditioning throughout the all floors of the building.
- Unit 1 is a one-bedroom, one-and-a-half-bathroom garden apartment with generous closet space, exposed brick a new open kitchen and an indoor-outdoor layout that flows to a fenced backyard. - Units 2 and 3, are one-bedroom, one-bathroom homes with fireplaces and king-size bedrooms and extra tall ceiling heights. - Unit 4 is a stunning duplex penthouse featuring an extra-large living space, two bedrooms, two full baths and spacious home office. The upper level of the duplex features a north-facing terrace.
Updated common areas, a shared roof deck and a large basement with storage, laundry, bathroom and outdoor access completes this turnkey investment.
History: One of the first residences in the Murray Hill Historic District, the Francis Key Pendleton House was built in 1853 in the Italianate style with an English basement plan popular at the time. Altered over the decades, the distinctive building retains its bold cornice, arches and sills alongside the addition of statuary and carved panels. By 1885, lawyer Francis Key Pendleton — the son of a prominent politician and the grandson of Francis Scott Key, lyricist of the “Star-Spangled Banner” — occupied the residence. Pendleton and his second wife were well known in The Gilded Age’s upper echelon of society, earning a place among The Four Hundred, the notorious list of New York City’s most prominent citizens.
Neighborhood: Located between Park and Lex on a lovely street lined with trees and brownstones, this building enjoys an ideal combination of old New York warmth and easy access to Midtown, NoMad, Gramercy and the Flatiron District amenities. The local blocks are lined with phenomenal shopping, dining and nightlife venues, including Trader Joe’s, Fairway and the Kips Bay AMC theater. St. Vartan Park and the East River Esplanade provide nearby outdoor space, with Bryant Park’s beautiful outdoor space and year-round events just a few blocks away. Transportation is effortless with 4/5/6, S, 7, N/Q/R/W, B/D/F/M and PATH trains, excellent bus service, CitiBike stations, East 34th Street Ferry Terminal and the Midtown Tunnel all close by.
Assessed Value is a combination of the land and additions.
2024
$79,184
(+8%)
$633,368
Land 176,376 +
Additions 456,992
2023
$73,318
(+10.07%)
$586,453
Land 195,974 +
Additions 390,479
2022
$66,612
$1,346,850
Land 360,000 +
Additions 986,850
2021
$66,612
(+1.49%)
$1,580,400
Land 360,000 +
Additions 1,220,400
2020
$65,631
(+6.81%)
$1,660,500
Land 360,000 +
Additions 1,300,500
2019
$61,446
(+15.66%)
$1,660,500
Land 360,000 +
Additions 1,300,500
2017
$53,128
$451,118
Land 105,927 +
Additions 345,191
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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