448 East 78th Street
New York, NY
Building Overview
- Building Size (SF) 8,125
- Number of Units 16
- Asking Price $4,500,000
448 East 78th Street is a 4-story walk-up building with 25 feet of frontage. The building spans 8,125 SF and consists of sixteen (16) residential units, eight (8) of which are free market and eight (8) are rent stabilized.
Investment Highlights
Value-Add Opportunity, below market in-place rents
50% Free Market allowing for rent growth
Unit mix includes eight (8) studios and eight (8) 1-bedroom apartments
Ability to create duplex PH apartments with 2,092 SF of available air rights
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