154 85Th St New York, NY 10028

This exceptional four-story, mixed-use townhouse at 154 East 85th Street in Manhattan offers a unique investment opportunity. The property boasts 5,840 square feet of net rentable space, currently 100% occupied by two tenants. The lower two floors house a thriving multi-specialty medical practice with over 39 locations throughout New York City, operating under a corporate-guaranteed, net lease agreement with a five-year term commencing April 1, 2024, and including rent bumps. The upper two floors consist of a luxurious duplex apartment featuring high-end appliances, oak flooring, custom molding, an elevator, and a security system. Built in 1920 and renovated in 2001, this Class A property sits on a 2,435 square foot lot (23.83 feet by 102.17 feet) in a highly desirable Upper East Side location, just blocks from Central Park and conveniently located near the 4, 5, 6, and Q subway lines. The property generates a strong net operating income (NOI) of $369,814. This fee-simple ownership presents a compelling investment opportunity in a prime Manhattan location with a stable, high-quality tenant base. The building features one building with four stories.