524 82Nd StNew York, NY 10028

Property Details for 524 82Nd St

Year built

1920

Property size (Sq ft)

5,985 SF

Property type

Apartment buildings

Description

This stunning five-story, four-unit brownstone, located at 524 E 82nd St, New York, NY 10028, presents a unique investment opportunity. Built in 1920 and fully renovated in 2017, this 5,985 square foot property offers a compelling blend of classic charm and modern luxury. The building features a spacious owner's duplex with private garden access, and three additional luxury floor-through apartments, all currently operating at market rate. Conveniently situated near Carl Schurz Park and the East Side Esplanade, this property benefits from its proximity to upscale dining, shopping, and the Second Avenue Q line. The 19-foot-wide lot offers potential for expansion via available air rights, making it an attractive proposition for both owner-users and investors seeking a high-return asset in a prime Upper East Side location. The asking price is $5,888,888, with a price per unit of $1,575,000. This exceptional property represents a rare opportunity to acquire a meticulously maintained, high-value asset in one of Manhattan's most desirable neighborhoods. The building's strong rental income stream, combined with its potential for future development, makes it an ideal investment for discerning buyers.

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7727

Longitude

-73.9479

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