The four buildings known as 331, 333, 335 & 339 East 82nd Street, located between First and Second Avenues on Manhattan’s Upper East Side, were sold in an all cash transaction valued at $6,450,000.
The four building package consists of 75 feet of frontage on East 82nd Street, 25 residential units (21 rent stabilized, two rent controlled, and two free market). The total square footage of the package is approximately 16,278 square feet with approximately 14,198 square feet of air rights. One of the four buildings was delivered vacant making it a prime candidate for conversion to a single-family townhouses. The sale price equates to $396.24 per square foot.
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Neighborhoods: Upper East Side/ Agents: John Ciraulo