407 E 77th St New York, NY 10075
Five-story, 15-unit building with value-add potential in Manhattan.
Type:Multifamily
Property size:
10,280 SFPrice / SF:
$535/SF- Added:
- May 3, 2024
- Days on Market:
- 723
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 407 E 77th St
General Information
- Standard status
- Active
- Size
- 10,280 SF
- Property subtype
- Multifamily
Listing agent Mirza Avdovic License #NY 10401278796
Listing office MIdtown - Keller Williams NYC
Listing date May 3, 2024
Source Crexi
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 MIdtown - Keller Williams NYC
Overview
Upper East Side Multifamily Building
Located in Manhattan’s Upper East Side, the property at 407 East 77th Street is a 5-story multifamily rental building comprising 15 units. The well-maintained walk-up building includes 11 free market units, 3 rent stabilized units, and 1 rent controlled unit. Two owner-occupied units, along with three furnished rentals, will be delivered vacant six months post-closing. This creates a repositioning opportunity for new ownership to set market rents, renovate, or occupy. Positioned between 1st and York Avenues, the building benefits from proximity to the Q train, major bus lines, and the retail and dining options of the Upper East Side. The building offers flexibility for investors seeking cash flow, appreciation, or owner-user possibilities. The property is ideal for long-term holders or owner-users. The building size is 10,280 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Freddy Huevito Lobaton
Music Venue
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9529316
- Latitude
- 40.7708356
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-story, 15-unit building with value-add potential in Manhattan.
Where is this apartment building located?
The property is located at 407 E 77th St New York, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Prime Upper East Side location near transportation, retail, and dining; Significant upside potential through renovation and lease‑up of vacant units; 11 Free Market units offering immediate cash flow
