323 East 90th Street, Unit 123456

Upper East Side

$7,695,000
Price
24
Beds
12
Baths
8,605 Sq. Ft.
$894 / Sq. Ft.
8,605
Sq. Ft.
$894
per Sq. Ft.

Description

This property offers a reliable source of income with potential for growth! Ideal investment opportunity in one of Manhattans established and stable rental markets, this 1915 5-story walk-up building is situated on a serene tree-lined street. The property is currently configured as follows: - Total Gross Square Footage: 9,813 (25 feet wide, 70 feet deep) - Lot Size: 25 100.67 feet (Block 01553-0014) - Above Grade: 8,605 square feet - Ground Floor: 1,313 square feet - Available Air Rights: 1,460 square...This property offers a reliable source of income with potential for growth! Ideal investment opportunity in one of Manhattans established and stable rental markets, this 1915 5-story walk-up building is situated on a serene tree-lined street. The property is currently configured as follows: - Total Gross Square Footage: 9,813 (25 feet wide, 70 feet deep) - Lot Size: 25 100.67 feet (Block 01553-0014) - Above Grade: 8,605 square feet - Ground Floor: 1,313 square feet - Available Air Rights: 1,460 square feet - Rear Yard: 750 square feet This property is comprised of 12 residential units, 11 of which are free-market rentals. The unit breakdown is as follows: - 2 Studios - 2 Duplex 2-Bedroom Units with private access to the rear yard - 8 2-Bedroom Units Using the air-right, the top-floor apartments can be converted into duplexes, and the two ground floor duplex units could potentially be converted into four studios, resulting in a projected total of 14 units. Building is very well maintained: a new boiler has recently been installed and the roof was renovated in 2017 323 East 90th Street offers investors the opportunity to acquire a well-maintained multifamily building in a strategically advantageous location. With a strong rental rebound following the COVID-19 pandemic and the potential for value-add development options, there is significant cash flow in place with room for further growth. The projected rent roll is $465,000. Conveniently positioned near the Q Line 86th Street subway station on 2nd Avenue, as well as the 4/5/6 subway stations on Lexington Avenue, the property provides easy access to transportation. It is also within close proximity to Carl Schurz Park, Whole Foods, and Central Park. The superintendent does not live on-site.

Property Details for 323 East 90th Street, Unit 123456

Architectural Style
Prewar

Location

Listing Courtesy of UbiQ NY Ltd
Add your commute
LISTING UPDATED: 05/07/2024 11:23 PM

Property Details for 323 East 90th Street, Unit 123456

StatusActive
MLS IDRLMX-99495
Days on Market13
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms50.0
Compass TypeSingle Family
MLS TypeSingle Family Townhouse
Year Built1915
Lot Size2,500 SF / 25' x 100'
CountyNew York County

Building

323 E 90th St

13 Units5 StoriesBuilt in 1915

Location

Listing Courtesy of UbiQ NY Ltd
Add your commute

Building Information for 323 East 90th Street, Unit 123456

Stories5Year Built1915Building Size25' x 70'Building Sq. Ft8,750 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$41,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$41,995

Property Taxes

$0

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 323 East 90th Street, Unit 123456

Summary
Location and General Information
  • Subdivision Name: Yorkville
  • Cross Street: Second Avenue/First Avenue
  • Stories Total: 0
  • Exposures: North, South
Taxes and HOA
  • Tax Lot: 0000
  • Tax Block: 01553
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Building Tax Lot: 0014
  • Tax Abatement YN: false
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 8605.0
  • Building Area Total: 8605.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 25x100
  • Living Area Units: SquareFeet
Building Information
  • Building Smoke Free YN: false
  • Building Laundry Features: Inside
  • Building Pets Allowed: BuildingNo
  • Green Building YN: false
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Common Interest: None
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: Townhouse
Interior and Exterior Features
Interior Features
  • Entry Level: 0
  • Furnished: Unfurnished
  • Heating: None
  • Heating: No
  • Laundry Features: None
  • ElevatorsTotal: 0
  • Size Dimensions: 8605
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Availability Date: 05-07-2024
  • Attendance Type: None

Property History for 323 East 90th Street, Unit 123456

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 323 East 90th Street, Unit 123456

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Yorkville Community School
PublicPK to 5

P.S. 527 East Side School-Social Actio
PublicK to 5

Jhs 167 Robert F Wagner
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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323 East 90th Street, Unit 123456 is a single family home for sale in Upper East Side. This property was listed for sale on May 7, 2024 by UbiQ NY Ltd, it's currently listed at $7,695,000. This listing's school district is New York City Geographic District # 2. Nearby schools include Yorkville Community School, P.S. 527 East Side School-Social Actio and Jhs 167 Robert F Wagner. 323 East 90th Street, Unit 123456 is a 24-bed, 12-bath, 8,605 sqft single family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of UbiQ NY Ltd

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.