Multi-family

  • $9,500,000
202, East 76th Street, Lenox Hill, Manhattan, New York County, City of New York, New York, 10021, United States
For Sale
Multi-family
202, East 76th Street, Lenox Hill, Manhattan, New York County, City of New York, New York, 10021, United States
  • $9,500,000

Description

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

  • Price Range: $4,500,000 – $9,500,000
  • Units: 4
  • Average Unit Size: 1,000 sq. ft.
  • Total GBA: 4,925 sq. ft.
  • Stories: 4
  • Class: C

Key Features:

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.

Conclusion:

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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