448 East 78th Street

New York, New York

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Building

Stats

  • Property Type Multifamily - Mid-Rise
  • Building size (SF) 8,125
  • Size (Ac) 0.06
  • Price $4,500,000
  • Zoning R8B, R10, C1-5

Overview

448 East 78th Street is a 4-story walk-up building with 25 feet of frontage. The building spans 8,125 SF and consists of sixteen (16) residential units, of which twelve (8) of which are free market and four (4) are rent stabilized.

Highlights

Value-Add Opportunity, below market in-place rents

50% Free Market allowing for rent growth
Unit mix includes eight (8) Studios and eight (8) 1-Bedroom Apartments

Ability to create duplex PH apartments with 2,092 SF of available air rights

Location Map

Team

Eric Karmitz

Director
Avison Young - US - NY - New York
201 874 5017

Noah Kossoff

Associate Director
Avison Young - US - NY - New York
917 880 1475

Mitchell Levine

Director
Avison Young - US - NY - New York
646 554 5239

Downloads

448 East 78th Street OM

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