Living / Multi-housing

322 East 90th Street - 2022

322 East 90th Street, New York, NY, 10128, US

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Asset description

JLL has been retained on an exclusive basis to arrange for the sale of 322 East 90th Street, a 25’ wide, 5-story walkup apartment building located on the south side of East 90th Street between 1st and 2nd Avenues. Comprised of approximately 9,005 gross square feet above grade, the property is configured as 16 total apartments. The well located property is only a 5-minute walk from the 86th Street Q subway station and a 10-minute walk from the 86th Street 4, 5, 6 subway station, both of which offer quick and convenient access throughout Midtown and Downtown Manhattan.


Of the 16 residential units 10 are Free Market (63%) and 6 are Rent Stabilized. The units are currently configured as 2 studios, 5 one-bedrooms, 8 two-bedrooms and 1 three bedroom apartment. The ground floor contains 4 total apartments and Floors 2-5 contain 3 apartments each. The property’s Free Market units have all been recently renovated and feature both high-end finishes and in-unit washer/dryers.

Attributes

Occupancy
100.00%
Year built
1915
Building area gross
9,005 sf

Investment highlights

  • Mostly Free Market (63%)
  • High-End Renovations
  • Post-COVID Rental Rebound
  • Equipped with latest Smart Lock Devices

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Last updated
Nov 30, 2022