---
title: "49 East 74th Street, New York, NY 10021"
description: "49 East 74th Street, New York, NY 10021 — NYC real estate listing on Real Estate Rebate Team. Priced at $9,500,000. Est. potential buyer savings up to $237,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/49-east-74th-street-ny-10021"
source: "Real Estate Rebate Team"
---

# 49 East 74th Street, New York, NY 10021

> **Listing Courtesy of:** Compass

## Description

49 East 74 Street is a gut renovated 9-unit, five-story Elevator townhouse between Madison Avenue and Park Avenue with 8 one-bedroom apartments and a ground floor through unit with garden patio. All apartments are 100% free market and are fully tenanted with a 1% vacancy rate. Building is approximately 7,800 sq ft. built 20’ x 86’ on a 102-foot lot.

49 East 74 Street was gut renovated in 2006 and features an Elevator, communal furnished roof deck, deep high-ceilinged cellar with individual tenant storage closets, and a large laundry room with 3 washers and dryers. All apartments have individual thermostats for heat and air conditioning with compressors on the roof.

The building’s gas lines were replaced throughout from the street in 2021 with the addition of new mechanicals for heating and hot water. All apartment kitchens are electric for cooking and have been meticulously renovated after each tenant turnover. 

This property features a unique opportunity for investors seeking a turn-key, fully leased property in a 
AAA location or convert to Single Family, as all leases are short-term. With its amenities and attractive rent basis, ownership has enjoyed extremely quick turnover when an apartment becomes available. 

49 East 74 Street offers potential investors an opportunity to capitalize on future rent upside in a beautifully renovated property in the middle of sought-after Lenox Hill. Please contact the agent for listing set up.

## Property Details

- **Price**: $9,500,000
- **Potential Buyer Rebate**: $237,500
- **Bedrooms**: 9
- **Bathrooms**: 10
- **Living Area**: 7,783 sqft
- **Property Type**: Residential
- **Year Built**: 1910
- **Building**: 49 East 74th Street
- **Neighbourhood**: Lenox Hill
- **Area / Borough**: Manhattan
- **Subdivision**: Lenox Hill
- **Listing Office**: Compass
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$237,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/49-east-74th-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/lenox-hill)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.