Description

Located on a quiet, tree-lined block in the heart of Murray Hill, 118 East 37th Street is a classic Manhattan townhouse configured as a five-unit income property with flexible living and investment potential.

The building is currently arranged with a spacious owner's triplex spanning the garden, parlor, and second floors, plus four additional rental units above and at the front of the second floor. The garden level has been used as doctor's office and opens to a south-facing private garden, creating an ideal live and work environment. The parlor floor features kitchen and living space, while the second floor provides bedroom accommodations and access to a private terrace overlooking the garden.

At the front of the second floor is a separate studio apartment. The third and fourth floors each offer floor-through two-bedroom apartments with excellent natural light and striking views of the Chrysler Building.

This versatile property offers numerous possibilities for the next owner. The existing layout works well as an income-producing investment, while the generous townhouse proportions also allow for reconfiguration into a larger owner's residence with rental income, or potentially a single-family conversion.