This property offers a reliable source of income with potential for growth!<br><br>Ideal investment opportunity in one of Manhattans established and stable rental markets, this 1915 5-story walk-up building is situated on a serene tree-lined street. The property is currently configured as follows:<br><br>- Total Gross Square Footage: 9,813 (25 feet wide, 70 feet deep)<br>- Lot Size: 25 100.67 feet (Block 01553-0014)<br>- Above Grade: 8,605 square feet<br>- Ground Floor: 1,313 square feet<br>- Available Air Rights: 1,460 square feet<br>- Rear Yard: 750 square feet<br><br>This property is comprised of 12 residential units, 11 of which are free-market rentals. The unit breakdown is as follows:<br><br>- 2 Studios<br>- 2 Duplex 2-Bedroom Units with private access to the rear yard<br>- 8 2-Bedroom Units<br><br>Using the air-right, the top-floor apartments can be converted into duplexes, and the two ground floor duplex units could potentially be converted into four studios, resulting in a projected total of 14 units.<br><br>Building is very well maintained: a new boiler has recently been installed and the roof was renovated in 2017<br><br>323 East 90th Street offers investors the opportunity to acquire a well-maintained multifamily building in a strategically advantageous location. With a strong rental rebound following the COVID-19 pandemic and the potential for value-add development options, there is significant cash flow in place with room for further growth. The projected rent roll is $465,000.<br><br>Conveniently positioned near the Q Line 86th Street subway station on 2nd Avenue, as well as the 4/5/6 subway stations on Lexington Avenue, the property provides easy access to transportation. It is also within close proximity to Carl Schurz Park, Whole Foods, and Central Park.<br><br>The superintendent does not live on-site.<br><br><br><br><br><br>
Property Details
Property Features
Property Information:
Architectural Style: Prewar
Year Built: 1915
Living Area: 8,605 SqFt
Listing Office:
Office Name: UbiQ NY Ltd
Office Phone: (646) 583-5733
Listing Agent: Andrew Brenta
Agent Phone: (646) 583-5733
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 12
Total Bedroom Count: 24
Utilities
Utilities Information:
Heating: None
Price Information
Listing Price Info
Price Summary:
List Price: $7,695,000
Price Per SqFt: $894/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/15/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
8
/10
P.S. 527 East Side School For Social Action
323 E 91st St
Distance between this listing and this school0.06 miles
Public District Grades KG-2
6
/10
Yorkville Community School
421 E 88th St
Distance between this listing and this school0.16 miles
Public District Grades PK-5
7
/10
P.S. 198 Isador E. Ida Straus School
1700 3rd Ave Frnt 1
Distance between this listing and this school0.35 miles
Public District Grades PK-5
Nearby Schools
9
/10
East Side Middle School
331 E 91st St
Distance between this listing and this school0.06 miles
Public District Grades 6-8
6
/10
Middle School 224 Manhattan East School for Arts & Academics
410 E 100th St
Distance between this listing and this school0.49 miles
Public Magnet Grades 6-8
5
/10
Central Park East II
433 E 100th St
Distance between this listing and this school0.56 miles
Public District Grades PK-8
Nearby Schools
4
/10
Life Sciences Secondary School
320 E 96th St
Distance between this listing and this school0.27 miles
Public District Grades 8-12
7
/10
Success Academy Charter School-Harlem 3
410 E 100th St Fl ST-4th
Distance between this listing and this school0.49 miles
Public Charter Grades KG-12
3
/10
Renaissance Charter High School for Innovation
410 E 100th St Fl ST-2nd
Distance between this listing and this school0.49 miles
The neighbors living near this home have an average income of $88,368. Most New York, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 323 E 90th St Unit 123456
What is the listing price of this property?
The listing price of 323 E 90th St Unit 123456 property is $7,695,000.
What type of property is this?
The property 323 E 90th St Unit 123456 is a townhouse located in New York City, New York, 10128.
Is this property for sale now?
Active Listing: 323 E 90th St Unit 123456 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 323 E 90th St Unit 123456 has 24 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 323 E 90th St Unit 123456 is 8,605 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 323 E 90th St Unit 123456 is 1915.
Interested in 323 E 90th St Unit 123456? Let's connect.
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This home is located at 323 E 90th St Unit 123456 in New York City, NY and zip code 10128 in the Upper East Side neighborhood. This 8,605 square foot home was built in 1915. Features: 24 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $7,695,000.
In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. In October 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $856,124.
From Rocket Homes Real Estate and based on county public records data.
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