244 E 78th St - Apartments FOR SALE


New York, NY 10075- Upper East Side
$11,950,000 USD
212-230-5998
244 E 78th St, New York, NY for Sale
$11,950,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

244 E 78th St
New York, NY 10075
Upper East Side


HIGHLIGHTS

  • 71% Free Market
  • Meticulously Gut Renovated
  • Prime Upper East Side Location
  • Proximity to 77th Street Subway Station (6 line)

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale 244 East 78th Street (the “Property”), a five-story walk-up building featuring 37 feet of frontage on the south side of East 78th Street between 3rd Avenue and 2nd Avenue in the heart of Manhattan’s Upper East Side. The Property spans 12,671± square feet across twentyfour (24) residential units. Of the residential units, seventeen (17) are free market and seven (7) are rent stabilized. Ownership has implemented an immaculate renovation plan across all of the free market units and common areas featuring ebony hardwood floors, recessed lighting, Carrara marble countertops, stainless steel appliances, cherry wood cabinets, crown and baseboard moldings, luxury bathrooms with intricate mosaic tile-work, split-system HVAC units, and in-unit Bosch Washers and Dryers. Additionally, the property features two four-bedroom, two-bathroom duplexes on the ground floor with large private backyards and two five bedroom, three-bathroom duplexes across the fourth and fifth floors both boasting massive patios and roof decks offering sweeping views of the Upper East Side.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$1,033 USD /SF

# OF UNITS

24

PRICE/UNIT

$497,917

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R8B

APN/PARCEL ID

1432-0034

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.