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JLL Has been retained on an exclusive basis to arrange
for the lender directed sale of 237-239 East 33rd
Street. The asset consists of two adjacent, majority
free market, multi-family buildings on the north side
of 33rd Street between Second and Third Avenues. In
total, there are 29 units with 237 East 33rd having 10
and 239 East 33rd having 19. The assets are 83% free
market with 1 stabilized unit in 237 and 4 stabilized
units in 239.
The property is ideally located in the heart of Murray
Hill, one of Manhattan’s most attractive neighborhoods.
237-239 East 33rd appeals to tenants due to the
surrounding area’s incredible restaurant options, as
well as, the convenient walking distance to Grand
Central Station, Manhattan’s CBD and direct access
to the 33rd Street station of the 6 Train. This lender
directed sale is an incredible investment opportunity in
the heart of Murray Hill.