These Upper East Side properties are four contigous six-story walkup apartment buildings on the south side of East 82nd Street between York and East End Avenues, containing 106 residential units and 1 commercial unit.
There are 74 Free Market units, 22 Rent Stabilized units, and 10 Rent Controlled units. In 542-46 East 82nd, there is street level storage space which could be converted to commercial space. The current average residential rent is approximately $32/sf including Free Market units which presents immediate upside to an investor. Due to the large number of Free Market units, the buildings are prime for condominium conversion immediately or as an exit strategy.
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Neighborhoods: Upper East Side