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223 East 89th St (Multi-Family)

$ 9,250,000
223 East 89th St, ,
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2417
for sale

Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale of 223 East 89th Street, which is an Upper East Side walk-up building comprised of 20 residential units. Located within ¼ mile of the new Q subway line and ¼ mile from the 4,5,6 on a lovely tree-lined street. This is the first time the property is being offered for sale in nearly 50 years.
Renovated studios in this neighborhood rent for an estimated average of $2,200 and renovated one-bedrooms rent for an estimated average of $2,800. There is also additional upside for combinations. The rent roll is substantially below market on all free market apartments. This property represents excellent upside potential.

Address: 223 East 89th St
City:
Area:
State/County:
Zip: 10128
Country: United States
Property Id : 27814
Price: $ 9,250,000
Property Size: 10,465 ft2
Rooms: 50
Bedrooms: 10
Bathrooms: 20

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Cody Parker

Licensed Real Estate Broker
(212)-750-WALD (9253)
212 729 4703
c.parker@waldrealestate.com
waldrealestate

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