228 E 84th St - Apartments FOR SALE


New York, NY 10028- Upper East Side
$8,350,000 USD
212-230-5998
228 E 84th St, New York, NY for Sale
$8,350,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

228 E 84th St
New York, NY 10028
Upper East Side


HIGHLIGHTS

  • 83% Free Market
  • Meticulously Gut Renovated
  • Prime Upper East Side Location
  • Steps away from the 4,5, and 6 line at the 86th Street Subway Station

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale 228 East 84th Street (the “Property”), a five-story walk-up building featuring 34 feet of frontage on the south side of East 84th Street between 3rd Avenue and 2nd Avenue in the heart of Manhattan’s Upper East Side. The Property spans 9,350± square feet across eighteen (18) residential units. Of the eighteen (18) residential units, fifteen (15) are free market and three (3) are rent stabilized. Ownership has implemented an immaculate renovation plan across all of the free market units and common areas, as well as one of the rent stabilized units (1B) to feature hardwood floors, recessed lighting, granite countertops, stainless steel appliances, cherry wood cabinets, crown and baseboard moldings, and marble bathrooms. Additionally, the fifth floor of the Property was added to the previously four-story structure to create two brand-new expansive three-bedroom, twobathroom units featuring expansive roof decks offering sweeping views of the Upper East Side. Furthermore, two of the first-floor units feature massive private backyards.

FOR SALE DETAILS

PRICE

$8,350,000 USD

PRICE/SF

$1,079 USD /SF

# OF UNITS

18

PRICE/UNIT

$463,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R8B

APN/PARCEL ID

1529-0034

ASK ABOUT THIS PROPERTY

Brandon PolakoffAvison YoungMore Info
212-230-5998

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Brandon PolakoffAvison YoungMore Info
212-230-5998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.