Mixed-Use Walk-Up
236 E 75th St New York, NY 10021
For Sale
Contact for pricing
Two connected five-story walk-up buildings totaling 11 apartments, two office units, and one retail space.
Property Size17,610 SF
Price / SF$482.68
Days on Market123
Property Features for 236 E 75th St
General Information
- Standard status
- Active
- Size
- 17,610 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1910
Listing Agency:
Better Life Realtors, Ltd
Listed By:
Steve Stein · License #NY 10311202110
Source:
Crexi
Added: Mar 23
Changed: Jul 23
Last Checked: Jul 23 at 2:33PM
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 Better Life Realtors, Ltd
Investment Insights
Based on property information with market context.
Originally built in 1910, this offering features two connected five-story walk-up buildings totaling 17,610 square feet. The property is currently configured with 11 residential rental apartments, two office units, and one retail space.
Located in the heart of Lenox Hill, the building provides close access to Lenox Hill Hospital, Hunter College, and Weill Cornell Medical Center, along with shopping and dining along Lexington and Madison Avenues and cultural institutions on Fifth Avenue. Public transportation is also conveniently accessible, with the 77th Street [4, 6] and 72nd Street [N, Q, R] subway stations described as a short walk away.
Located in the heart of Lenox Hill, the building provides close access to Lenox Hill Hospital, Hunter College, and Weill Cornell Medical Center, along with shopping and dining along Lexington and Madison Avenues and cultural institutions on Fifth Avenue. Public transportation is also conveniently accessible, with the 77th Street [4, 6] and 72nd Street [N, Q, R] subway stations described as a short walk away.
Key Highlights
- Two connected five‑story walk‑up buildings totaling 17,610 SF
- Contains 11 residential rental apartments
- Includes two office units plus one retail space
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $906.6k | $51.48 |
| − Vacancy | −$171.3k | −$9.73 |
| EGI | $735.2k | $41.75 |
| − OpEx | −$183.8k | −$10.44 |
| NOI | $551.4k | $31.31 |
17,610 SF · lease $51.48/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Retail
$35.40M
$30.98M – $41.30M
NOI $2,478,159 @ 7.0% cap · market cap 29.15%
Second Best
Office B
$7.88M
$6.89M – $9.19M
NOI $551,417 @ 7.0% cap · market cap 6.49%
Theoretical Best
Specialty Retail
$43.83M
$38.35M – $51.14M
NOI $3,068,366 @ 7.0% cap · market cap 36.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pushkin Academy of Russian ...
High School
Center for Veterinary Care
Veterinary Clinic
Solomon Gene a DVM
Veterinary Clinic
Center For Veterinary Care: ...
Veterinary Clinic
Greene Richard w ...
Veterinary Clinic
FAQs
What type of property is this?
Apartment building - Two connected five-story walk-up buildings totaling 11 apartments, two office units, and one retail space.
Where is this apartment building located?
The property is located at 236 E 75th St New York, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Two connected five‑story walk‑up buildings totaling 17,610 SF; Contains 11 residential rental apartments; Includes two office units plus one retail space
