329-339 E 94th Street, Manhattan, NY 10128
Local realty services provided by:CENTURY 21 Awaye Realty
329-339 E 94th Street,Manhattan, NY 10128
$43,500,000
- 20 Beds
- 20 Baths
- 78,000 sq. ft.
- Multi-family
- Active
Listed by: ashley monaco
Office: compass
MLS#:RLS20104664
Source:NY_REBNY
Price summary
- Price:$43,500,000
- Price per sq. ft.:$557.69
About this home
11-unit Manhattan value-add portfolio
Unit Mix:
89 Free Market
17 Rent-Stabilized
5 Rent-Controlled
The portfolio will be delivered approximately 95% vacant. Only 9 regulated units are currently occupied, while the remaining regulated units have been vacant for an extended period.
Projected stabilized value is approximately $65 million. The property also offers the opportunity to assume an existing loan of approximately $18 million at a 5.0% interest rate.
Ownership's position, based on advice from its rent regulation counsel, is that the vacant regulated units may qualify for first rent treatment based on a combination of factors, including the property's prior nonprofit/church use, where the apartments were reportedly occupied by the church rather than operated as traditional rental units, the extended vacancy period, and substantial capital improvements completed before re-occupancy. Purchasers should conduct their own legal and regulatory due diligence regarding these matters.
Contact us for the complete Offering Memorandum, data room access, financials, rent roll, and supporting due diligence materials....
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Home facts
- Year built:1920
- Listing ID #:RLS20104664
- Added:1 day(s) ago
- Updated:July 21, 2026 at 11:42 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:20
- Full bathrooms:20
- Rooms Total:40
- Living area:78,000 sq. ft.
Structure and exterior
- Year built:1920
- Building area:78,000 sq. ft.
Finances and disclosures
- Price:$43,500,000
- Price per sq. ft.:$557.69
- Tax amount:$600,000
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