308 East 78th Street
New York, NY
Overview
- Asking Price $23,650,000
- Total Square Footage 23,770 SF
- Neighborhood Upper East Side
- Total Units 39
Avison Young, as the exclusive agent, is pleased to present the rare opportunity to acquire 308 East 78th Street (the “Property”), a meticulously renovated six-story mixed-use building with 49 feet of frontage located on the south side of East 78th Street between 1st and 2nd Avenues, in the heart of Manhattan’s highly desirable Upper East Side.
The Property spans approximately ±23,770 square feet and consists of thirty-nine (39) total units, including thirty-seven (37) residential apartments and two (2) retail spaces. Of the residential units, twenty-eight (28) are free-market (FM) and nine (9) are rent-stabilized (RS), with layouts featuring one- and two-bedroom configurations.
Highlights
Fully Renovated Free Market Units
Strong In-Place Cash Flow with Upside
Stable Retail Tenancy with Rare Venting
Boutique Mixed-Use Asset with Scale
Prime Upper East Side Location
