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303 East 37th Street 303 E 37th St 76 Unit Apartment Building $114,129,671 CAD ($1,501,706 CAD/Unit) New York, NY 10016

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INVESTMENT HIGHLIGHTS

  • Minutes from Grand Central Terminal
  • Video intercom system
  • Dual private storage rooms
  • Central laundry room
  • Open views over the Queens Midtown Tunnel entrance
  • Peaceful common courtyard

EXECUTIVE SUMMARY

Built in 1941, this impeccably maintained Art Deco cooperative seamlessly blends timeless architectural charm with modern convenience. The building’s striking dual butterfly-wing tower design is anchored by an elegant Art Deco lobby, rich in original detailing that evokes a bygone era of craftsmanship and style.
Rising six stories, 303 East 37th Street offers an intimate, boutique feel with well-curated amenities including a central laundry room, video intercom system, bike room, dual private storage rooms, and a peaceful common courtyard. A dedicated live-in superintendent ensures exceptional maintenance and resident care.
South-facing residences enjoy open views over the Queens Midtown Tunnel entrance, while the neighboring Armenian Church and St. Vartan Park provide a rare two-block buffer of open sky, greenery, and natural light—enhancing both privacy and livability.
Situated just minutes from Grand Central Terminal, residents benefit from easy access to the S/4/5/6/7 trains, as well as the nearby East River Esplanade, offering scenic paths for biking, jogging, or relaxing waterfront walks. The building’s walkability and connectivity are unparalleled.
Each of the 83 apartments is infused with distinctive prewar character, showcasing unique layouts, charming architectural details, and a warmth that’s rarely replicated in modern construction. But beyond its residential appeal lies an extraordinary development opportunity. With 80,000 square feet
of existing space and an additional 80,000 square feet of buildable potential, 303 East 37th Street presents a rare chance to reimagine a historic property in a premier Midtown East location. Currently configured as 83 units—with only three rent-stabilized apartments—this cooperative is exploring the dissolution of its current structure and opening the door to a bold new vision.
Whether you’re an investor, developer, or visionary buyer, this property is a canvas ready for transformation. With a fantastic location, a stunning architectural foundation, and endless potential, 303 East 37th Street is ready to be reimagined—and we’re here to help bring that vision to life.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $1,208,754 $15.11
Operating Expenses - -
Total Expenses $1,208,754 $15.11

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $1,208,754
Annual Per SF $15.11
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $1,208,754
Annual Per SF $15.11

PROPERTY FACTS

Price $114,129,671 CAD
Price Per Unit $1,501,706 CAD
Sale Type Investment
No. Units 76
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.39 AC
Building Size 80,000 SF
Average Occupancy 100%
No. Stories 6
Year Built/Renovated 1941/2021
Zoning C1-9 - Commercial district predominantly residential in character

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Storage Space
  • Bicycle Storage
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 27 - 500 - 600
1+1 36 - 750 - 850
2+1 6 - 1,050 - 1,100
2+2 6 - 1,250
3+2 1 - -
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35775180

  • Date on Market: 2025-05-07

  • Last Updated:

  • Address: 303 E 37th St, New York, NY 10016

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