#RLS11029379, Matthew W Slosar, Listing office: Douglas Elliman Real Estate

140 E 27th St New York City, NY 10016
Property details
About 140 E 27th St
Great opportunity to purchase this Mixed-Use building in the heart of the thriving Kip's Bay neighborhood of Manhattan. The building is located between Lexington Avenue and Third Avenue and consists of the ground floor restaurant/bar, Jack Diamond's, plus the three residential floors above. The restaurant has 3% annual increases in the monthly rent and is a few years into a fifteen year lease. The residential apartments are all Free Market and are all leased. There is room to raise residential rents which are currently are below market rates. There is also the possibility of renovating the apartments and significantly increasing the rents. <br><br>The heat is electric and the responsibility of the tenant. Additionally, 140 East 27th St is located a few blocks from the 28th St Subway (6 line).The MTA bus stops uptown on Third Avenue and downtown on Lexington Avenue. The MTA crosstown bus is on 23rd Street and 34th Street. <br><br>On-Premises 4:00am Liquor License. <br><br>Building facade and interior hallways have recently been painted.<br><br>Building is being offered for sale "as-is". <br>Note: Photos of the restaurant are prior to the latest renovation. <br>Disclaimer: Financials provided are contain estimated dollar amounts and are subject to verification and change.
Highlights
Summary
- Full Bathrooms: 5
- Exterior: Private Outdoor Space Under 60 Sqft
- Architectural Style: Prewar, Walk-Up
- Heating: Electric
- Cooling: Other
- List Price: $5,100,000
- Price/SqFt: $1,094
- Year Built: 1910
- Living Area: 4,660 SqFt
- MLS Number: RLS20020443
- MLS Name: RLS
- Office Name: Station Cities
- Office Phone: (212) 768-7272
- Listing Agent: James P Manning
- Agent Phone: (917) 549-7317
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/12/2025, 4:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
7
P.S. 116 Mary Lindley Murray School
Public District KG-5
0.3 mi
•210 E 33rd St
8
P.S. 40 Augustus Saint-Gaudens School
Public District KG-5
0.4 mi
•320 E 20th St
8
The River School
Public District PK-4
0.5 mi
•425 E 35th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,065. Typical income of New York City, NY residents is between $100k-200k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 140 E 27th St
The listing price of 140 E 27th St property is $5,100,000.
The property 140 E 27th St is a multi located in New York City, New York, 10016.
Active Listing: 140 E 27th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 E 27th St are: P.S. 116 Mary Lindley Murray School (GreatSchools Rating 7/10), P.S. 40 Augustus Saint-Gaudens School (GreatSchools Rating 8/10), The River School (GreatSchools Rating 8/10), The 47 American Sign Language and English Lower School (GreatSchools Rating 4/10), Ballet Tech/Nyc Public School for Dance (GreatSchools Rating 10/10), J.H.S. 104 Simon Baruch School (GreatSchools Rating 8/10), School of the Future High School (GreatSchools Rating 8/10), Unity Center for Urban Technologies (GreatSchools Rating 8/10), Murray Hill Academy (GreatSchools Rating 5/10).
The property 140 E 27th St is 4,660 SqFt (source: MLS/tax record).
The year of construction for 140 E 27th St is 1910.
This home is located at 140 E 27th St in New York City, NY and zip code 10010 in the Kips Bay neighborhood. This 4,660 square foot home was built in 1910. Features: 0 bedroom, 5 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $5,100,000.
In June 2025, from all listings sold in New York City, NY there were more than 232 sold above asking price, over 715 sold below and more than 1007 were sold right at the asked price. The number of listings in New York City, NY decreased by 4.3% between May and June 2025. Listings spent 99 days on the market in June 2025, and had a median list price of $881,252 during the same period.