NY > Manhattan > Yorkville
Manhattan, NY 10128,323 E 90th Street
Manhattan, NY 10128,323 E 90th Street
Manhattan, NY 10128,323 E 90th Street
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Listing Courtesy of UbiQ NY Ltd
$7,495,000
Est. payment /mo
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24 Beds
12 Baths
Open Sun 11:30AM-12:30PM

323 E 90th Street Manhattan, NY 10128

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

Open House

Sun Oct 19, 11:30am - 12:30pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Yorkville

MLS Listing ID RLS20054845

Style Prewar

Bedrooms 24

HOA Y/N Yes

Year Built 1915

Property Sub-Type Single Family Residence

Property Description

This propertу offerѕ a relіable source of incοme wіth potential for growth!

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:

- Total Gross Square Footage: 9,813 (25 feet wide, 70 feet deep)

- Lot Size: 25 100.67 feet (Block 01553-0014)

- Above Grade: 8,605 square feet

- Ground Floor: 1,313 square feet

- Available Air Rights: 1,460 square feet

- Rear Yard: 750 square feet

This property is comprised of 12 residential units, 11 of which are free-market rentals. The unit breakdown is as follows:

- 2 Studios

- 2 Duplex 2-Bedroom Units with private access to the rear yard

- 8 2-Bedroom Units

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.

Building is very well maintained: a new boiler has recently been installed and the roof was renovated in 2017

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 $536,000.

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.

Location

State NY

County New York

Interior

Heating Central

Cooling Window Unit(s)

Furnishings Unfurnished

Fireplace No

Laundry Building Inside, Common Area, None

Exterior

View Y/N No

Private Pool No

Building

Dwelling Type Townhouse

Story 5

New Construction No

Others

Tax ID 1553-0014

Ownership None

Pets Allowed Building No, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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323 E 90th Street

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