Raven Property Advisors has been exclusively retained to sell 221 East 83rd Street, a 17-unit mixed-use walkup building on the heart of Manhattan’s Upper East Side. Under the same family ownership for 60+ years, this property is comprised of fifteen (15) two-bedroom apartments over two (2) stores. Of the residential apartments, eleven (11) units are free market and four (4) units are rent-stabilized, one of which will be delivered vacant. Spread across 9,485± gross square feet, this is a prime value-add opportunity with a clear path to capture upside in income, by way of apartment renovations and modernization of building common areas.
