313 East 95th Street

JLL has been retained on an exclusive basis to arrange for the sale of 313 East 95th Street, a ~37’ wide, six-story walk-up building located on the north side of East 95th Street between First and Second Avenues in Manhattan’s Upper East Side. 313 East 95th Street comprises approx. 16,902 gross sf above grade with 28 residential units (1 studio, 9 one bedrooms, and 18 two-bedrooms) and 2 commercial spaces. 86% of apartments (24 units) are currently free market and the remaining 4 units rent stabilized. The property features central heating systems distributing steam via cast iron radiators, tenant-provided window air conditioning units, and individually metered electricity.

313 East 95th Street contains 28 residential apartments and two commercial spaces leased to My One and Only Dog Salon through April 2029 and Creative Speech Therapy Medical Clinic through May 2027. When comparing the average in-place rents with the fair market projections, 313 East 95th Street is renting below market. The average studios and one-bedrooms across the building are renting 35% below market, and looking at the blended average across all unit types, the building is renting 28% below market, implying there is embedded upside to be captured by prospective investors.