334 E 79th Street_Property for Sale
334 E 79th Street_Property for Sale

334 E 79th Street

334 East 79th Street, New York, NY, 10075, US

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the sale of 334 East 79th Street (the “Property” or “Investment”), an 8-story, 46-unit student housing asset strategically located in Manhattan’s prestigious Upper East Side submarket. Built in 1977 and renovated in 2016, the Property is comprised of 46 units / 83 bedrooms / 165 beds, within a 36,786 GSF building. 334 East 79th features attractive amenities including an exterior courtyard and communal laundry facilities. The Property is 100% leased to the City University of New York (“CUNY”) with a lease expiration in 2049, providing 24 years of remaining term and exceptional income stability.

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Attributes

Units
46
Year built
1977
Building area net
3,418 sm

Media

Investment highlights

  1. Exceptional Tenant Credit Quality with Long-Term Lease Certainty
  2. Favorable Tax Treatment Through Master Lease Structure
  3. Minimal Management and Stable Cash Flow
  4. 100% Free Market Asset

Contact brokers

334 E 79th Street (0 Properties)

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Last updated
Oct 9, 2025