339 East 82nd Street

Upper East Side   |   Second Avenue & First Avenue

Price Drop
Building For Sale
$ 4,495,000 [ 10.01% | $ 500,000 ]
Ownership Income Property
Floors/Apts 4/8
Status Active
Real Estate Taxes [Per Annum] $ 58,332
Building Type Low-Rise
Year Built 1920
Listing ID: 89654TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

339 East 82nd is a 21-ft wide townhouse with 8 vacant units and endless possibilities. For the investor, this building is almost ready to go—six units in great condition with only two of which that need renovations to rent. The 2nd and 4th floors have soaring ceilings and the front units are bathed in light. The backyard is huge –21x34 feet—with trees and plants and open sky views. It’s a great investment opportunity on a beautiful tree-lined block with a just-finished, new construction building right next door with units all sold at upwards of $2300psf. Interior square footage is currently at 4,630 with a FAR of 4, giving 8,568 allowable sq. ft. So you can either add floors or create square footage in the backyard. Zoning is R8B. Conversely, this house is primed and ready to be turned into an epic single-family home. In a location wedged between all of the best schools in the city, this huge home can be the perfect solution if you need the space but don’t want to leave the city. There is ample room for an elevator and the 12-ft ceilings on the 2nd floor would make a stunning and grand sitting room. The possibility of SEVEN bedrooms (yes, 7!) with plenty of room in the backyard for a swing set and hot tub. It’s your house and your rules- make it what you want! The house is located off of 2nd Avenue, a few blocks from 5th Avenue and a few blocks from East End and Carl Schurz Park. In addition, some of the hottest new store openings in the city are right here. The newest La Pecora Bianca, Anita Gelato, the always-fun Penrose and most importantly, the Metropolitan Museum of Art just 5 blocks away. This neighborhood is popping right now and so is its real estate.
339 East 82nd is a 21-ft wide townhouse with 8 vacant units and endless possibilities. For the investor, this building is almost ready to go—six units in great condition with only two of which that need renovations to rent. The 2nd and 4th floors have soaring ceilings and the front units are bathed in light. The backyard is huge –21x34 feet—with trees and plants and open sky views. It’s a great investment opportunity on a beautiful tree-lined block with a just-finished, new construction building right next door with units all sold at upwards of $2300psf. Interior square footage is currently at 4,630 with a FAR of 4, giving 8,568 allowable sq. ft. So you can either add floors or create square footage in the backyard. Zoning is R8B. Conversely, this house is primed and ready to be turned into an epic single-family home. In a location wedged between all of the best schools in the city, this huge home can be the perfect solution if you need the space but don’t want to leave the city. There is ample room for an elevator and the 12-ft ceilings on the 2nd floor would make a stunning and grand sitting room. The possibility of SEVEN bedrooms (yes, 7!) with plenty of room in the backyard for a swing set and hot tub. It’s your house and your rules- make it what you want! The house is located off of 2nd Avenue, a few blocks from 5th Avenue and a few blocks from East End and Carl Schurz Park. In addition, some of the hottest new store openings in the city are right here. The newest La Pecora Bianca, Anita Gelato, the always-fun Penrose and most importantly, the Metropolitan Museum of Art just 5 blocks away. This neighborhood is popping right now and so is its real estate.

Listing Courtesy of Sotheby's International Realty, Inc.

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Apartment Features

A/C
339 East 82nd Street Upper East Side New York NY 10028

Building Details [339 East 82nd Street]

Ownership Income Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1545/17
Zoning R8B
Building Type Low-Rise
Year Built 1920
Floors/Apts 4/8

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