520 88Th St, New York, NY 10128

16 Unit Apartment Building | $5,750,000 ($359,375/Unit) | New York, NY 10128

Asking Price $5,750,000

Property Type: Multifamily
Square Feet: 8,935 SF

Listing Contacts

Thomas Gammino

Verified Profile

Patrick Donahue

Verified Profile

Property Info

Property Overview

520 East 88th Street is a 5-story, 8,935 sf multifamily walkup consisting of 15 free market and 1 rent-stabilized units. There are 14 one-bedrooms and 2 studios, of which 5 are vacant. Each unit is separately metered and has electric baseboard heat and wall A/C units. The property also features video intercom which is desired by tenants. 520 East 88th Street offers strong cashflow, flexibility, and access to FDR Drive as well as Carl Schurz Park in one of Manhattan's most desirable neighborhoods, making it ideal for a user an/or investor.
Long-term Family Ownership
94% Free Market

Property Details

Class: C
Year Built: 1910
Stories: 5
Lot Size (sq. ft): 2,614 SF
Units: 16

Highlights

Excellent Location, Steps from Carl Schurz Park

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