326 E 93rd Street, New York (Manhattan), NY 10128

$5,200,000
18
BD
13
BA
8,448
SqFt

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List Price
$5,200,000
Status
ACTIVE
MLS#
1024533
Year Built
1910
Days on Market
15
Style
Other
Bedrooms
18
Bathrooms
13
Baths Full
11
Half-baths
2
Living Area
8,448
Acres
0.06
County
Manhattan
City Orig
New York (Manhattan)
Neighborhood
New York (Manhattan)
Lot Size
2517

Property Description

Presenting 326 East 93rd Street, a distinguished five-story, 10-unit multifamily property with an additional office suite, ideally positioned in Manhattan’s Yorkville neighborhood. Encompassing approximately 8,448 square feet, this high-performing asset has been improved with exceptional care and attention to detail and is offered in turnkey condition with an attractive 5.50% capitalization rate. The residential layout includes two one-bedroom apartments, Units 1A and 1B, along with eight two-bedroom apartments: Units 2A, 2B, 3A, 3B, 4A, 4B, 5A, and 5B. In addition to the 10 residential units, Unit 1C is configured as a two-room office with a half bath and direct access to the private rear garden, providing valuable flexibility for ownership, management, or administrative use. The residential mix includes seven free-market units, two rent-stabilized units, and one rent-controlled unit, creating a strong balance of current income, operational flexibility, and future value potential. A defining feature of the property is the expansive private landscaped rear yard, a rare amenity for a Manhattan multifamily building. Surrounded by mature greenery, flowering plantings, and established garden beds, the outdoor space offers a peaceful courtyard setting with ample room for seating, entertaining, and resident enjoyment. Direct access from the office suite further enhances the functionality of this exceptional outdoor area. Set along the tree-lined streets of the Upper East Side, the property is conveniently located near restaurants, shopping, parks, medical institutions, the Second Avenue subway, and the FDR Drive, providing easy access throughout Manhattan and beyond. Now available for a new owner or operator, its established income stream, turnkey condition, and efficient scale make it an ideal plug-and-play acquisition for an investor completing a 1031 tax-deferred exchange. 326 East 93rd Street presents a rare opportunity to acquire a substantial Yorkville multifamily asset offering immediate cash flow, private outdoor space, and meaningful future potential.

Additional Information

Interior Features
First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Primary Bathroom, Walk Through Kitchen
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Appliances
Dishwasher, Range, Refrigerator, Stainless Steel Appliance(s)
Fireplaces
2
Exterior Features
Courtyard, Garden
Sewer
Other, Public Sewer
Elementary School
Contact Agent
Middle School
Call Listing Agent
High School
Contact Agent
School District
Contact Agent
Sq Ft
2517
Taxes
$64,948
Parking
On Street
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Howard Payson (hjpayson@gmail.com) from Listing Office: RE/MAX Town & Country.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.