Upper East Side Portfolio

New York, New York

Download Offering Memorandum

Portfolio

Stats

  • Property Type Multifamily - Mid-Rise
  • Building size (SF) 66,288
  • Price $48,000,000

Overview

Avison Young, as exclusive agent, is pleased to offer for sale a seven-building package (the “Properties”) of multifamily walk-up buildings in the heart of Manhattan’s Upper East Side. The Properties comprise a total of one-hundred-and-thirty-four (134) residential units across 66,288± square feet. Of the units, one-hundred-and-twelve (112) are free-market and twenty-two (22) are rent stabilized. The Properties are being offered together or separately.

Across all of the Properties, ownership has implemented an immaculate renovation plan across all of the free-market units and all common areas to feature top-of-the-line finishes including luxury bathrooms and kitchens, dishwashers and stainless-steel appliances, washer/dryers, recessed lighting, brown and baseboard moldings and more. The Upper East Side Portfolio offers potential investors the opportunity to either plant or expand their roots and capitalize on future rent upside in Manhattan’s premier residential neighborhood.

Highlights

84% Free Market

Rare Opportunity to Acquire Boutique Multifamily Properties at Scale

Meticulously Gut Renovated and Well-Maintained Buildings
Highly Desirable Upper East Side Locations

No Retail Exposure

Location Map

Downloads

Upper East Side Portfolio OM

Team

Brandon Polakoff

Principal, Executive Director of Tri-State Investment Sales
Avison Young - US - NY - New York
212 230 5998

Ryan McGuirl

Associate Director
Avison Young - US - NY - New York
908 392 0109

Eric Karmitz

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

Kyle Sabath

Associate
Avison Young - US - NY - New York
212 729 6279