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    433 E 76Th St New York, NY 10021

    For Sale
    Contact for pricing

    Block-through development opportunity on the Upper East Side.

    Property size:
    5,108 SF
    Lot size:
    0.11 Acres

    Property Features for 433 E 76Th St

    General Information

    Size
    5,108 SF
    Lot size
    0.11 Acres

    Source: BKREA Agent Jake Hulsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Manhattan Upper East Side Development

    Located on Manhattan’s Upper East Side, the property at 433 East 76th Street / 434 East 77th Street offers a rare block-through development opportunity. The site features 25 feet of frontage on both East 76th and East 77th Streets, extending 204.33 feet in depth, creating a 5,108-square-foot lot with dual access. Currently, a three-level parking structure occupies the site, with two levels below grade and one above. The garage accommodates over 120 parking spaces and is owner-operated, presenting immediate cash flow potential. The site is zoned R8B with a residential Floor Area Ratio (FAR) of 4.0 for residential use, offering an as-of-right residential zoning floor area (ZFA) of approximately 20,432 square feet. Utilizing Universal Affordability Preference (UAP), the FAR increases to 4.8, permitting up to 24,518 square feet of residential ZFA. The block-through configuration allows for multiple development scenarios, including constructing a boutique condominium on East 77th Street while maintaining a parking facility on East 76th Street, or developing two distinct residential buildings with entrances on separate streets. The site presents a versatile development offering.
    Location Intelligence

    Current Use by Public Records

    PPS 77 LLC Parking Garage Parking for Plesser Medical Clinic

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -74.0242952
    Latitude
    40.6296815

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    FAQs

    What type of property is this?
    Land - Block-through development opportunity on the Upper East Side.
    Where is this land located?
    The property is located at 433 E 76Th St New York, NY.
    What are key features of this property?
    This property features: - Rare block-through development opportunity on Manhattan's Upper East Side with frontage on both East 76th and East 77th Streets.; - Significant development potential with an as-of-right residential zoning floor area of approximately 20,432 square feet, increasing to 24,518 square feet with UAP.; - Existing owner-operated parking structure with over 120 spaces provides immediate cash flow potential.
    (646) 912-4804
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    433 E 76Th St New York, NY 10021
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    New York, NY 10021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    433 E 76Th St New York, NY 10021
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