29 East 73rd Street
29 E 73rd St29 East 73rd St, New York, NY, 10021-3587, US
5 units
Description
JLL has been retained on an exclusive basis to arrange for the sale of 243 East 81st Street and 340 East 85th Street, two elevatored multifamily properties on the UES. Combined, the properties are 93% Free Market, are configured as 1 4-bedroom, 20 2-bedrooms, 19 1-bedrooms, and 23 studios, and are currently averaging rents that represent a blended ~42% discount to pro-forma rents. Ownership has managed the building for ~50 years, delivering exceptionally well-kept properties with virtually no deferred maintenance to prospective buyers.
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Attributes
Units
68
Occupancy
100%
Building area gross
3,459 sm
243 E 81st Street & 340 E 85th Street (2 Properties)
243 E 81st Street & 340 E 85th Street (2 Properties)
Media
Investment highlights
ESTATE SALE
First time to market in ~50 years
SCALE
68 apartments / Elevator / 37,625 gross square feet
IMPECCABLY MAINTAINED
Recent capital improvements and hands on ownership have resulted in a property with virtually no deferred maintenance
STRONG SUPPLY & DEMAND FUNDAMENTALS
Well-positioned to capture continued NYC rent growth / long-term supply constraints
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Last updated
Feb 4, 2026
