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$4,427,575
List Price: $4,495,000
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339 East 82nd Street
Townhouse in Yorkville •  building info
12bd • 8ba • 4,630ft² $971 per ft²
Buy with Yoreevo

$4,427,575

List Price

$4,495,000

Key Details
Days on market
297
Last price change
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Estimated payment
$30,819/mo
Taxes
$5,249/mo
Maintenance
N/A
Description
339 East 82nd is the investment opportunity of the year. Located between multiple new construction condos, it is currently a huge 21-ft wide multifamily with 8 units. What makes it even more special is that it is vacant, easily lending itself to endless possibilities. It can be converted into an oversized single family mansion, turned into an owners duplex with rental options or of course, kept in its current state as a multifamily. No need to deal with old leases or longtime tenants make it your own or start anew with your own tenants! In its current state, the building is ready for renterssix units of the eight units are in great condition, leaving only two that need renovations. Five of the units (all renovated) are free market, leaving the remaining three as rent stabilized. The 2nd, 3rd and 4th floors have soaring ceilings and the front units are bathed in light. The backyard is huge 2134 feetwith trees and plants and open sky views. Its a great investment opportunity on a beautiful tree-lined block with a just-finished, new construction building right next door where units sold at upwards of $2300psf. Interior square footage is currently at 4,630 with a FAR of 4, giving 8,568 allowable sq. ft. So you can either add floors or create square footage in the backyard. Zoning is R8B. As a conversion, this house is primed and ready to be turned into an epic single-family mansion. You have the size and light and the absolute perfect block for a house of this caliber. A 21-foot wide single family in this neighborhood almost doesnt exist, so it would be the rarest of homes in between the mecca of private and public schools. This huge home is the answer if you need the space but dont want to leave the city. There is ample room for an elevator and the 12-ft ceilings on the 2nd floor would make a stunning and grand sitting room. The possibility of SEVEN+ bedrooms with plenty of room in the backyard for a swing set and hot tub. Its your house and your rules- make it what you want! The house is located off of 2nd Avenue, a few blocks from 5th Avenue and a few blocks from East End and Carl Schurz Park. There are multiple new construction condos within 2 blocks of the house, making this the next UES hotspot. Take a look at the newest neighborhood offerings: La Pecora Bianca, Anita Gelato, Casa Tua (at the Surrey Hotel), the always-fun Penrose and most importantly, the Metropolitan Museum of Art just 5 blocks away. The possibilities are endless in one of the best investment opportunities in the city right now.

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Important Stuff
Pets allowed
Home features
Hardwood floors
Building amenities
Services and facilities
Fios Available
Parking Available
Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$4,495,000
Asking Price: $4,495,000
Term
30 Years
Down Payment
$449,000 (10%)
Min: 10% (449,000)
Rate
6.5 %
Mortgage Amount
$4,045,500
Mortgage Payment
$25,570
Taxes
$5,249
Estimated Yoreevo rebate
$67,425
Estimated closing cost
$169,000
Total monthly cost $30,819
Buy your dream home with us and get an estimated $67,425 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Sothebys International Realty

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