313 East 18th Street is an existing 20'-wide, two-family townhouse located on a tree-lined, Gramercy block consisting of 31 other townhouses. Currently configured as two, free-market duplex apartments, that are leased, multiple opportunities exist. Keep as income producing with $205,800 gross income while the asset appreciates in an undervalued neighborhood, live with income, or transform into a 5,520 single-family home with oversized garden and unrestricted design opportunities as this property falls outside the Gramercy Park and Stuyvesant Square Historic Districts. With a 92-deep lot there is potential to extend in rear to 62-deep with a 30 garden, which abuts other townhouse gardens on all sides and build taller. Can be delivered vacant.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
