This property offers a reliable source of income with potential for growth! Ideal investment opportunity in one of Manhattans established and stable rental markets, this 1915 5-story walk-up building is situated on a serene tree-lined street. The property is currently configured as follows: - Total Gross Square Footage: 9,813 (25 feet wide, 70 feet deep) - Lot Size: 25 100.67 feet (Block 01553-0014) - Above Grade: 8,605 square feet - Ground Floor: 1,313 square feet - Available Air Rights: 1,460 square feet - Rear Yard: 750 square feet This property is comprised of 12 residential units, 11 of which are free-market rentals. The unit breakdown is as follows: - 2 Studios - 2 Duplex 2-Bedroom Units with private access to the rear yard - 8 2-Bedroom Units Using the air-right, the top-floor apartments can be converted into duplexes, and the two ground floor duplex units could potentially be converted into four studios, resulting in a projected total of 14 units. Building is very well maintained: a new boiler has recently been installed and the roof was renovated in 2017 323 East 90th Street offers investors the opportunity to acquire a well-maintained multifamily building in a strategically advantageous location. With a strong rental rebound following the COVID-19 pandemic and the potential for value-add development options, there is significant cash flow in place with room for further growth. The projected rent roll is $536,000. Conveniently positioned near the Q Line 86th Street subway station on 2nd Avenue, as well as the 4/5/6 subway stations on Lexington Avenue, the property provides easy access to transportation. It is also within close proximity to Carl Schurz Park, Whole Foods, and Central Park.