Multi-family

Presenting 323 E 78th Street, a 4-story mid-rise apartment building available for sale at $10,000,000 ($588,235 per unit). This 3-star investment property offers 17 units, making it an excellent opportunity for investors seeking a well-maintained asset in the Upper East Side’s competitive real estate market.

Property Overview:

• Address: 323 E 78th Street, New York, NY, 10075
• Sale Price: $10,000,000 ($588,235/Unit)
• Units: 17
• Stories: 4
• Class: B
• Gross Building Area (GBA): 9,787 SF
• Typical Floor Size: 2,004 SF
• # of Buildings: 1
• Units per Acre: 291/AC
• Rent Type: Market
• Location: Urban

Key Features:

• Desirable Upper East Side Location: Situated in a prime area, this property enjoys close proximity to upscale dining, boutique shopping, and major transportation hubs, ensuring a high demand for tenancy.
• Spacious Units: The property features 17 units with a generous gross building area of 9,787 square feet and typical floor sizes of 2,004 square feet, providing comfortable living spaces for tenants.
• Strong Market Appeal: All units are market-rate, offering consistent rental income with the potential for long-term appreciation in one of Manhattan’s most sought-after neighborhoods.
• Efficient Design: With a Class B designation and modern amenities, the building offers a blend of functionality and appeal, making it attractive to both tenants and property managers.
• Urban Setting: Located in a bustling yet residential part of the city, the property combines the advantages of quiet living with the convenience of urban accessibility.

Conclusion:

323 E 78th Street is a compelling investment opportunity for those looking to own a high-quality property in Manhattan’s Upper East Side. Its market-rate rental units, prime location, and efficient design make it an ideal asset for stable returns and portfolio growth. Don’t miss out on this exceptional opportunity!