$7,495,000
OPEN SUN 11:30AM - 12:30PM

Estimated payment $47,271/month

Total Views 6
24 Beds
12 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Pre War Building
  • Central Heating
  • 1-minute walk to Ruppert Park
  • P.S. 527 East Side School-Social Actio Rated A
  • Laundry Facilities

About This Home

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 $536,000.

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.

Listing Agent

Andrew Brenta

UbiQ NY Ltd License #10311205988 Listed on: 04/11/2025

Co-Listing Agent

Francesco Cirillo

UbiQ NY Ltd License #10401242670

Open House Schedule

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 2,517 Sq Ft Lot
  • Lot Dimensions are 25x70

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Listing and Financial Details

  • Property Available on 10/15/25
  • Legal Lot and Block 0014 / 01553

Community Details

Overview

  • Yorkville Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Yorkville
  • Architectural Style: Prewar
  • Structure Type: Townhouse
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 12
  • Bathrooms Integer: 12
  • Bedrooms: 24

Exterior Features

  • View: No

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Inside, Common Area, None
  • Cooling: Window Unit(s)
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2517.0
  • Lot Size Dimensions: 25X70

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1915

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-10-15

Tax Info

  • Tax Block: 01553
  • Tax Lot: 0014

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 For Sale $7,495,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20054845

Real Estate Board of New York (REBNY)