$4,350,000
Updated 10 months ago
Off Market

339 East 82nd Street

Upper East Side, Manhattan | Second Ave & First Ave

16 Rooms8 Beds8 Baths4,630 Square FeetIncome Property

$4,350,000
floors / apts4 / 8
Lot Size21'x102'
ZoneR8B
Building TypeTownhouse
RE Taxes$62,100
Price Per SF
$940

Outdoor space and views

  • Backyard [21'x34']

Building Amenities

  • Voice Intercom

Property Description for 339 East 82nd Street

Welcome to 339 East 82nd Street! The investment opportunity you have been waiting for. Currently a 21-ft wide multifamily consisting of 8 units. What makes it even more special is that it is delivered VACANT, easily lending itself to endless possibilities. It can be converted into an oversized single family mansion, turned into an owners duplex with rental options or of course, kept in its current state as a multifamily. In its current state, the building is ready for renters—six units of the eight units are in great condition, leaving only two that need renovations. Five of the units (all renovated) are free market, leaving the remaining three as rent stabilized. The 2nd, 3rd and 4th floors have soaring ceilings and the front units are bathed in light. The backyard is huge –21×34 feet—with trees, plants and open sky views. It’s a great investment opportunity on a beautiful tree-lined block with a just-finished, new construction building right next door where units sold at upwards of $2300 psf. Interior square footage is currently at 4,630 with a FAR of 4, giving 8,568 allowable sq. ft. So you can either add floors or create square footage in the backyard. Zoning is R8B. As a conversion, this house is primed and ready to be turned into an epic single-family mansion. You have the size and light and the absolute perfect block for a house of this caliber. A 21-foot wide single family in this neighborhood almost doesn’t exist, so it would be the rarest of homes in between the mecca of private and public schools. This huge home is the answer if you need the space but don’t want to leave the city. There is ample room for an elevator and the 12-ft ceilings on the 2nd floor would make a stunning and grand sitting room. The possibility of seven plus bedrooms! The house is located off of 2nd Avenue, a few blocks from 5th Avenue. The beloved Metropolitan Museum of Art just 5 blocks away! Call us today for your private viewing.

Listing History for 339 East 82nd Street

Now
11/05/2025
POM by Hila Peled
Compass
06/25/2025
$4,350,000 [-$145,000] [3.2%]
Price Drop by Hila Peled
Compass

Building Details for 339 East 82nd Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.2 miles
86 St
0.35 miles
77 St
0.39 miles

Citi Bike

E 84 St & 1 Ave
0.11 miles
E 81 St & York Ave
0.2 miles

Contact Agents

Contact Agents

Hila Peled
Compass

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: 89654TH