332 E 71st St - Apartments FOR SALE


New York, NY 10021- Lenox Hill
$9,250,000 USD
212-230-5998
332 E 71st St, New York, NY for Sale
$9,250,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

332 E 71st St
New York, NY 10021
Lenox Hill


HIGHLIGHTS

  • 90% Free Market
  • Meticulously Gut Renovated
  • Prime Upper East Side Location
  • Proximity to 72nd Street to Q train and 68th Street to 6 train Subway Stations

OVERVIEW

Avison Young, as exclusive agent, is pleased to offer for sale 332 East 71st Street (the “Property”), a five-story walk-up building featuring 25 feet of frontage on the south side of East 71st Street between 2nd Avenue and 1st Avenue in the heart of Manhattan’s Upper East Side. The Property spans 9,735± square feet across twenty (20) residential units. Of the residential units, eighteen(18) are free market and two (2) are rent stabilized. Ownership has implemented an immaculate renovation plan across all the units and common areas featuring walnut hardwood floors, exposed brick, recessed lighting, granite countertops, stainless steel appliances, espresso cabinets, crown and baseboard moldings, luxury marble bathrooms, split-system HVAC units, and in-unit Bosch Washers and Dryers. Additionally, the property features a four-bedroom, two-bathroom duplex on the ground floor boasting a large private backyard and a one-bedroom, one-bathroom unit on the ground-floor with a large private backyard.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$950 USD /SF

# OF UNITS

20

PRICE/UNIT

$462,500

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

5

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,509 SF

ZONING

R8B

APN/PARCEL ID

1445-0034

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.