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50-Unit Apartment Building
For Sale
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Pending

1286 1st Ave., New York, NY 10021

Residential condominium with market-rate, rent-controlled, and rent-stabilized apartments in Manhattan’s Upper East Side.

Property Size32,000 SF
Days on Market145

Property Features for 1286 1st Ave.

General Information

Standard status Pending
Size 32,000 SF
Property subtype Multifamily
Occupancy 94%

Units

Unit Mix 2 x studio, 13 x 1BR, 31 x 2BR, 4 x 3BR
Multifamily Units 50

Additional Details

Road Access Yes
Listing Agency: Newmark - New York Headquarters
Listed By: Harry James · License #NY 10401354285
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - New York Headquarters

Investment Insights

Based on property information with market context.

This residential condominium contains approximately 32,000 gross square feet and includes 50 apartments. The unit mix comprises 2 studios, 13 one-bedroom apartments, 31 two-bedroom apartments, and 4 three-bedroom apartments. Tenancy includes 40 market-rate units, 7 rent-controlled units, and 3 rent-stabilized units.

The property occupies 75 feet along 1st Avenue in New York’s Upper East Side and is also identified as 401-403 East 69th Street. Current occupancy is 94%, with two vacant apartments. The residential configuration and varied bedroom mix provide a broad range of apartment layouts within a single multifamily condominium asset.

Key Highlights

  • 50‑unit multifamily condominium with 2 studios, 13 one‑bedroom, 31 two‑bedroom, and 4 three‑bedroom apartments
  • Approximately 32,000 gross SF with 75 feet of frontage along 1st Avenue
  • Unit composition includes 40 market‑rate, 7 rent‑controlled, and 3 rent‑stabilized apartments

Property Analytics

Current Use

McDonald's Restaurant Express Electrician & Electrical ... Building Supply Coffee Clbb Cafe & Coffee Shop Actors Federal Credit ... Atm

Suggested Use

Top Pick Daycare Center Auto Parts Store Nursing Home Butcher Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50
Residential units
94%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

23,822
Businesses Nearby

Demographics for 10021, NY

45,691
Population
29,248
Households
1.6
Avg Household Size
41
Median Age
81%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
114,228
Density / Sq Mi
$156,712
Median Household Income
$99,886
Median Earnings
$3,002
Median Rent
$1,529,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential condominium with market-rate, rent-controlled, and rent-stabilized apartments in Manhattan’s Upper East Side.
Where is this apartment building located?
The property is located at 1286 1st Ave. New York, NY.
What are key features of this property?
This property features: 50‑unit multifamily condominium with 2 studios, 13 one‑bedroom, 31 two‑bedroom, and 4 three‑bedroom apartments; Approximately 32,000 gross SF with 75 feet of frontage along 1st Avenue; Unit composition includes 40 market‑rate, 7 rent‑controlled, and 3 rent‑stabilized apartments
More about this property
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