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29360196
29360197

3 Locations

SJ
NY NY State
Manhattan Group
Listed by Manhattan Group
$45,000,000
138 days on market
Updated 9 days ago

329-339East 94th Multifamily portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 80,000
Units 111
Cap Rate 6.62%
NOI $3,308,456
Occupancy 98%
Pro-Forma Cap Rate 6.60%
Pro-Forma NOI $3,300,000
Broker Co-Op Yes
Buildings 3
Stories 6

Multifamily | 6.62% CAP | 111 Units

Marketing description

East 94th Street Portfolio is a rare opportunity to acquire three contiguous multifamily buildings in the heart of Yorkville,

spanning 329, 335, and 339 East 94th Street. Together they include approximately 111 residential units with a mix of occupied, vacant, and deregulated apartments that offer meaningful upside through repositioning, lease-up, and strategic capital improvements. Long held by the same nonprofit ownership, the buildings present a straightforward path for a buyer to evaluate and execute a value-add strategy. The portfolio sits on an attractive mid-block parcel near major transportation, neighborhood amenities, and the evolving East 90s development corridor, and offers compelling scale and flexibility for both long-term operators and investors seeking to institutionalize and elevate underperforming assets.

Listing Contacts

SJ
NY NY State
Manhattan Group
Listed by Manhattan Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,308,456.00
$275,704.67/mo

Valuation Metrics

0
DSCR
7.35%
Cap Rate
7.35%
ROI

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Additional Information

Name
shai jacoby
License
NY State
Brokerage Phone
6467053302
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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