Introducing 202 E 76th Street, New York, NY 10021
Available for sale are two exceptional investment listings at 202 E 76th Street, offering a unique opportunity to acquire mid-rise apartments in a vibrant urban environment. Priced between $4,500,000 and $9,500,000 ($863,636 to $1,125,000 per unit), these properties cater to investors seeking quality assets with significant rental potential.
202 E 76th Street, New York, NY 10021
Attractive Investment Opportunity
With a total of 4 units, this mid-rise apartment building presents a lucrative investment opportunity in a competitive market. The average unit size of 1,000 sq. ft. provides spacious living areas that are appealing to a diverse range of tenants, enhancing occupancy rates.
Prime Urban Location
Located in a desirable urban area, 202 E 76th Street offers residents convenient access to an array of amenities, including shopping, dining, and recreational facilities. This central location is ideal for attracting tenants seeking a dynamic lifestyle in Manhattan.
Building Specifications
The property consists of one building with a gross building area of 4,925 sq. ft. The typical floor plan spans 1,231 sq. ft., allowing for efficient use of space and comfortable living arrangements for tenants. As a Class C property, it meets essential structural and functional standards while offering room for potential improvements.
Market Segment and Rent Type
This property falls within the all market segment and operates on a market rent type, making it a versatile addition to any investment portfolio. The range of pricing per unit reflects the potential for attractive returns, supported by the strong rental demand in the area.
202 E 76th Street represents a compelling investment opportunity in New York City’s dynamic real estate market. With its prime urban location, generous unit sizes, and potential for steady rental income, this property is well-positioned to attract savvy investors looking to enhance their portfolios. Don’t miss the chance to explore these listings and secure a valuable asset in one of Manhattan’s thriving neighborhoods!
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