433 East 76th Street & 434 East 77th Street, New York, NY 10075

BKREA has been retained on an exclusive basis to arrange the sale of 433 East 76th Street / 434 East 77th Street (The “Site”), a rare block-through development opportunity located in Manhattan’s Upper East Side. The Site spans 25 feet of frontage on both East 76th and East 77th Streets and extends 204.33 feet in depth, creating a 5,108-square-foot lot with dual access on both East 76th and East 77th Streets.

Currently improved by a three-level parking structure (two below grade and three above), the site presents a highly flexible opportunity for developers. The garage, which is owner-operated and accommodates over 120 parking spaces, offers immediate cash flow potential and could be partially retained or demolished and redeveloped.

Zoned R8B with a residential Floor Area Ratio (FAR) of 4.0 for residential use, The Site offers an as-of-right residential zoning floor area (ZFA) of approximately 20,432 square feet. For rental development utilizing Universal Affordability Preference (UAP), the FAR increases to 4.8, permitting up to 24,518 square feet of residential ZFA.

This block-through configuration allows for multiple compelling development scenarios — including the construction of a boutique condominium on East 77th Street while maintaining a high-performing parking facility on East 76th Street, or developing two distinct residential buildings with entrances on separate streets. The Site’s scale, optionality, and established infrastructure make it one of the most versatile development offerings on the Upper East Side.

The Upper East Side offers a distinctive blend of classic New York character and refined, modern living. It is home to multigenerational families, young professionals establishing their roots, and retirees who choose to remain for its enduring appeal. Unassuming yet elegant, the neighborhood derives its value not from flash, but from its steady rhythm, strong sense of community, and deep-rooted connections among residents.

A true walker’s neighborhood, the Upper East Side invites you to explore its tree-lined streets en route to the Q train or the East River Esplanade. Along the way, you’ll pass local coffee shops, dog walkers, young families, and corner newsstands still stocked with printed newspapers. Neighborhood staples include Salvo’s Pizzeria and Gotham Pizza, known for its unique cornmeal crust. For a more elevated dining experience, nearby standouts such as Sushi of Gari and the Michelin-starred Sushi Noz offer exceptional omakase. JG Melon remains the quintessential destination for burgers and beer, while Plug Uglies is the local favorite for wings.