Multi-family

Key Features:

• Prime Upper East Side Location: Nestled in one of Manhattan’s most desirable neighborhoods, this property offers unparalleled access to cultural institutions, parks, and dining options, ensuring its appeal to a broad tenant base.
• Efficient Unit Layouts: Featuring 16 units with a total gross building area of 8,350 square feet, the property balances compact design with functionality, making it ideal for urban living.
• Market-Rate Rentals: The building’s market-rate units provide consistent rental income, with the potential for rent increases aligned with the neighborhood’s high demand and appreciation trends.
• Investment Potential: With its affordable per-unit pricing and strategic location, the property is positioned for both immediate income generation and long-term capital growth.
• Urban Setting: Located in a vibrant residential area, the property combines the tranquility of Upper East Side living with the convenience of nearby public transportation and city amenities.

Conclusion:

340 E 81st Street is a fantastic investment opportunity for those looking to acquire a well-positioned asset in the highly sought-after Upper East Side. Its market-rate rentals and prime location make it an excellent choice for stable returns and portfolio diversification. Don’t miss the chance to own this promising property!