Contiguous Upper East Side Walkup
For Sale
Contact for pricing
212-222 E 85th Street, New York, NY 10028
Six contiguous walkup buildings totaling 88 free-market, 13 rent-stabilized, and 1 rent-controlled units plus six commercial/office units.
Property SizeContact for details
Days on Market124
Property Features for 212-222 E 85th Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Cushman & Wakefield New York
Listed By:
Brett Weisblum · License #NY 10401219976
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:26PM
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 Cushman & Wakefield New York
Investment Insights
Based on property information with market context.
A sale of six contiguous walkup apartment properties comprising 108 total units across approximately 62,551 gross square feet. The portfolio includes a varied residential mix of studios, 1-, 2-, and 3-bedroom apartments, with 88 free-market units, 13 rent-stabilized units, and 1 rent-controlled unit. In addition, there are six commercial/office units. 212-216 have undergone a substantial rehabilitation program.
The buildings are located on the south side of East 85th Street, midblock between 2nd and 3rd Avenues. The portfolio is within one block of multiple subway lines, including stops on Lexington Avenue and the Q train on 2nd Avenue, with additional bus service and proximity to the FDR Drive.
Recent upgrades and capital expenditures totaling more than $2.2 million include apartment renovations across the portfolio, waterproofing and roofing, boiler and oil tank upgrades, and miscellaneous improvements. Approximately 5,641 square feet of air rights remain, offering potential to reconfigure and/or enlarge certain units.
The buildings are located on the south side of East 85th Street, midblock between 2nd and 3rd Avenues. The portfolio is within one block of multiple subway lines, including stops on Lexington Avenue and the Q train on 2nd Avenue, with additional bus service and proximity to the FDR Drive.
Recent upgrades and capital expenditures totaling more than $2.2 million include apartment renovations across the portfolio, waterproofing and roofing, boiler and oil tank upgrades, and miscellaneous improvements. Approximately 5,641 square feet of air rights remain, offering potential to reconfigure and/or enlarge certain units.
Key Highlights
- Six contiguous walkup properties at 212–222 E 85th St on the south side of East 85th St, midblock between 2nd and 3rd Avenues
- Total of 108 units: 88 free‑market, 13 rent‑stabilized, 1 rent‑controlled, plus 6 commercial/office units
- Approximately 62,551 gross square feet with a mix of studios, 1BR, 2BR, and 3BR apartments
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12,889
Businesses Nearby
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Business Placement
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six contiguous walkup buildings totaling 88 free-market, 13 rent-stabilized, and 1 rent-controlled units plus six commercial/office units.
Where is this apartment building located?
The property is located at 212-222 E 85th Street New York, NY.
What are key features of this property?
This property features: Six contiguous walkup properties at 212–222 E 85th St on the south side of East 85th St, midblock between 2nd and 3rd Avenues; Total of 108 units: 88 free‑market, 13 rent‑stabilized, 1 rent‑controlled, plus 6 commercial/office units; Approximately 62,551 gross square feet with a mix of studios, 1BR, 2BR, and 3BR apartments
