49 E 78th St, New York, NY 10075

Building Details

Year Built

1910

Listing agent John J. Stewart License #NY 10311203263

Listing office Marcus & Millichap - Manhattan

Listing date Aug 6, 2024

Source Crexi

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Overview

Located on East 78th Street between Park and Madison Avenues on the Upper East Side, the property features twenty-five feet of frontage on 78th Street. The building is constructed on a 25 foot by 102 foot R8B/LH-1A-zoned lot. The property has no remaining development rights and is part of the Upper East Side Historic District. The unit mix includes two office spaces on the cellar, mezzanine, and ground floor, currently occupied by doctors. The upper floors contain seven one-bedroom free market apartments and one duplexed owner's apartment, which will be delivered vacant. The building is located one block from Central Park and near high-end boutiques, restaurants, and cultural institutions. The location attracts a high volume of locals and tourists. The property is three blocks from the 77th Street subway station (6 train) and multiple bus lines. The building is built 25 feet by 84 feet and has a total size of 12,100 square feet.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience 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

-73.9620001

Latitude

40.7754837

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building near Central Park and Madison Avenue.

Where is this mixed-use property located?

The property is located at 49 E 78th St New York, NY.

What is the asking price?

The asking price for this property is $9,700,000.

What are key features of this property?

This property features: Prime Upper East Side location: Between Park and Madison Avenues, one block from Central Park.; One duplexed owner's apartment to be delivered vacant.; Seven free market one‑bedroom apartments.