Multi-family

Exclusive Investment Opportunity at 329-339 E 94th Street, New York, NY, 10128

Seize the chance to own a premium multifamily investment property in Manhattan’s Upper East Side. This 3-star mid-rise apartment complex offers a perfect blend of affordability, scale, and strategic location, making it an exceptional opportunity for discerning investors.

Property Details:

• Asking Price: $52,000,000 ($433,333/Unit)
• Sale Type: Investment
• Property Type: 3-Star Mid-Rise Apartments
• Gross Building Area (GBA): 78,000 SF
• Typical Floor Size: 13,000 SF
• Number of Units: 120
• Average Unit Size: 529 SF
• Number of Stories: 6
• Building Class: B
• Number of Buildings: 3

Investment Highlights:

Significant Scale: With 120 units across three buildings, this property offers substantial rental income potential and operational efficiency for large-scale investors.

Affordable Appeal: Of the 120 units, 109 are rent-subsidized, ensuring steady demand and consistent income from a diverse tenant base. The remaining market-rate units provide additional revenue upside.

Prime Urban Location: Nestled in the Upper East Side, the property benefits from proximity to parks, schools, shopping districts, and public transportation, making it a desirable residential destination.

Efficient Layout: Each unit averages 529 square feet, catering to the growing demand for compact and affordable living spaces in Manhattan’s competitive rental market.

Sustainable Investment: The mix of rent-subsidized and market-rate units, combined with the property’s Class B designation, provides a balance of stability and potential for long-term appreciation.

Strategic Design: With a typical floor size of 13,000 square feet across six stories, the layout maximizes usable space and rental income while maintaining operational simplicity.

This rare offering combines scale, affordability, and location, making it an ideal investment for those seeking steady returns and future growth in one of Manhattan’s most enduring neighborhoods.

Contact us today to schedule a private tour or to learn more about this unparalleled investment opportunity.