Ad #7424985
MLS #11896640
11-unit Manhattan value-add portfolio Unit Mix: 89 Free Market
329-339 E 94th St, New York, New York, 10128
$43,500,000
20Beds
20Baths
--Sqft
--Acres
About this property
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.
Property Features
20 Beds
20 Baths
0 Sqft
0 Acres
New York County
Upper East Side Community
Additional Photos
Contact Information
Yoav Blat
Compass
Location
Listing Agent: Yoav Blat
Broker: Compass 646-982-0353 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 646-982-0353 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
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$43,500,000
20
Beds
20
Baths
--
Sqft
329-339 E 94th St, New York, New York, 10128
By contacting this agent you agree to these Terms and Conditions.
MLS# 11896640
11-unit Manhattan value-add portfolio Unit Mix: 89 Free Market
$43,500,000
329-339 E 94th St, New York, New York, 10128
20
Beds
20
Baths
--
Sqft
--
Acres
$43,500,000
329-339 E 94th St, New York, New York, 10128
20 Beds
20 Baths
-- Sqft
-- Acres
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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Property Details
HOME DETAILS
20 Beds
20 Baths
0 Sqft
0 Acres
FINANCIAL & COMMUNITY
New York County
Upper East Side Community
Location
Mortgage Calculator
Ad Statistics
Ad Number
7424985
Viewed
6 times
Listing Status
Active
Added
Jul 22, 2026
Last Refresh
Jul 24, 2026 12:15:21 AM
Listing Information
Data Source
My State MLS
Source Property ID
11896640
Listing Agent: Yoav Blat
Broker: Compass 646-982-0353 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Compass 646-982-0353 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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