332 E 71st St
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332 E 71st St
20 Unit Apartment Building $9,250,000 ($462,500/Unit) New York, NY 10021
Investment Highlights
- 90% Free Market
- Prime Upper East Side Location
- Meticulously Gut Renovated
- Proximity to 72nd Street to Q train and 68th Street to 6 train Subway Stations
Executive Summary
Avison Young, as exclusive agent, is pleased to offer for sale 332 East 71st Street (the “Property”), a five-story walk-up building featuring 25 feet of frontage on the south side of East 71st Street between 2nd Avenue and 1st Avenue in the heart of Manhattan’s Upper East Side. The Property spans 9,735± square feet across twenty (20) residential units. Of the residential units, eighteen(18) are free market and two (2) are rent stabilized.
Ownership has implemented an immaculate renovation plan across all the units and common areas featuring walnut hardwood floors, exposed brick, recessed lighting, granite countertops, stainless steel appliances, espresso cabinets, crown and baseboard moldings, luxury marble bathrooms, split-system HVAC units, and in-unit Bosch Washers and Dryers. Additionally, the property features a four-bedroom, two-bathroom duplex on the ground floor boasting a large private backyard and a one-bedroom, one-bathroom unit on the ground-floor with a large private backyard.
Ownership has implemented an immaculate renovation plan across all the units and common areas featuring walnut hardwood floors, exposed brick, recessed lighting, granite countertops, stainless steel appliances, espresso cabinets, crown and baseboard moldings, luxury marble bathrooms, split-system HVAC units, and in-unit Bosch Washers and Dryers. Additionally, the property features a four-bedroom, two-bathroom duplex on the ground floor boasting a large private backyard and a one-bedroom, one-bathroom unit on the ground-floor with a large private backyard.
Property Facts
| Price | $9,250,000 | Building Class | C |
| Price Per Unit | $462,500 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 9,735 SF |
| No. Units | 20 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/1989 |
| Apartment Style | Mid Rise |
| Price | $9,250,000 |
| Price Per Unit | $462,500 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 9,735 SF |
| Average Occupancy | 95% |
| No. Stories | 5 |
| Year Built/Renovated | 1925/1989 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 500 |
| 4+2 | 1 | - | 1,500 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 1445-0034 | Improvements Assessment | $1,429,290 |
| Land Assessment | $204,750 | Total Assessment | $1,634,040 |
PROPERTY TAXES
Parcel Number
1445-0034
Land Assessment
$204,750
Improvements Assessment
$1,429,290
Total Assessment
$1,634,040
zoning
| Zoning Code | R8B (High density residential district) |
| R8B (High density residential district) |
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332 E 71st St
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