334 E 79th Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10075
  • Size: 36,786 SF
  • Year built: 1977

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the sale of 334 East 79th Street (the “Property” or “Investment”), an 8-story, 46-unit student housing asset strategically located in Manhattan’s prestigious Upper East Side submarket. Built in 1977 and renovated in 2016, the Property is comprised of 46 units / 83 bedrooms / 165 beds, within a 36,786 GSF building. 334 East 79th features attractive amenities including an exterior courtyard and communal laundry facilities. The Property is 100% leased to the City University of New York (“CUNY”) with a lease expiration in 2049, providing 24 years of remaining term and exceptional income stability.

Market Context

This commercial property in New York, NY is listed for sale across 36,786 SF. The building dates to 1977. It has been on the market for 83 days. Compare it against other commercial property listings for sale in New York, NY — view the full market.

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