124 East 37th Street

124 East 37th Street
New York, NY 10016

$5,510,000

  • Sq. Ft: 4,900
  • PRICE PER SQ. FT: $1,124

Marcus & Millichap is pleased to present the exclusive listing for 124 E 37th Street, Outsite Co-living, located in New York City’s Murray Hill Historic District Extension. The building has never been subject to rent regulation.

The property is 4,900 square feet situated on a 19 ft x 49.2 ft lot. Outsite Co-living is subject to a new 10-year absolute triple-net (NNN) lease with around 10 years remaining on the initial term. The current rent is $240,000 annually and the lease calls for 3% annual rental increases throughout the lease term.


John J. Stewart

Licensed Real Estate Associate Broker

Email: John.Stewart@marcusmillichap.com
Phone: (212) 430-5152

Dylan Torey

Licensed Real Estate Salesperson | East Side

Email: Dylan.Torey@marcusmillichap.com
Phone: (646) 805-1444