538 E 89th St - Apartments FOR SALE


New York, NY 10128- Yorkville
$6,800,000 USD
212-230-5998
538 E 89th St, New York, NY for Sale
$6,800,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

538 E 89th St
New York, NY 10128
Yorkville


HIGHLIGHTS

  • Value-Add Opportunity
  • Rare Upper East Side Location
  • Strong In-Place Cash Flow with Upside
  • Pre-War Character

OVERVIEW

Avison Young, as the exclusive agent, is pleased to present a rare value-add opportunity to acquire 538 East 89th Street (the “Property”), a multifamily walk-up building with 25 feet of frontage located on the south side of East 89th Street between York Avenue and East End Avenue, in the heart of Manhattan’s highly desirable Upper East Side.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$591 USD /SF

# OF UNITS

10

PRICE/UNIT

$680,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,522 SF

ZONING

R8B, New York

APN/PARCEL ID

1585-0034

ASK ABOUT THIS PROPERTY

Brandon PolakoffAvison YoungMore Info
212-230-5998

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Brandon PolakoffAvison YoungMore Info
212-230-5998

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.