$8,450,000 $8,900,000
Updated 23 days ago
Upper East Side, Manhattan | Second Ave & First Ave
20 Rooms10 Beds10 Baths9,813 Square FeetIncome Property

$8,450,000 $8,900,000
floors / apts5 / 12
Lot Size25'101" wide
Built Size25'70" wide
Building TypeLow-Rise
RE Taxes$120,345
Price Per SF

Listing Features

  • High Ceilings
  • Original Details
  • Radiator
  • Window AC Units

Outdoor space and views

  • Backyard [750 SF]
  • Partial City
  • Treeline Views

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room

Property Description

5 Story Walk Up building - Built in 1915 + Ground floor located on a quiet tree-lined street on East 90th Street (between First and Second Avenues) in the Upper East Side, one of Manhattan's most mature and stable rental markets. Perfect for a rental investment.

The building features:
12 Residential Units: 2 Studios - 2 x duplex 1 Bedroom with garden - 8 x 2 Bedrooms
Note: The 2 duplex units could be converted in 4 studios. Projected: 14 Units

LOT: 25 X 100.67 FT (BLOCKL 01553-0014)
Above grade: 8500 Sqft
Ground Floor: 1313 Sqft
Available Air Rights: 1415 Sqft
Rear yard: 750 Sqft

91% of Units are Free Market (one unit is RS)
Ability to Duplex Up Top Floor Apartments - Rent Roll: $465,000 (projected)
Ground Floor Unit with Garden Access is Significantly Below Market
The roof of the building was completely remade in 2017 and it is guaranteed for 15 years by the construction company.

The property, which seats on a 25 x 100 foot lot, is conveniently located in close proximity of 2nd Avenue - Q Line 86th Street subway station presenting an investor the chance to acquire a refurbished and well located multifamily building with significant in-place cash flow and remaining upside.

The Super leaves off site.

Listing History

$8,450,000 [-$450,000] [5.1%]
Price Drop by Veronique Lerebours
Domus Realty
$8,900,000 [-$600,000] [6.3%]
Price Drop by Veronique Lerebours
Domus Realty

Building Details

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
Year Built1915
Learn More About the Building

Transit and Citi Bike


86 St
0.22 miles
96 St
0.3 miles
86 St
0.34 miles
96 St
0.39 miles

Citi Bike

E 91 St & 2 Ave
0.07 miles
E 88 St & 1 Ave
0.14 miles
E 93 St & 2 Ave
0.15 miles


East 90th St
0.41 miles

Upper East Side | Manhattan

Quick Profile

Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.

With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.

Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .

There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 79483TH