RE/MAX Midtown is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 161-163 East 89th Street, New York, NY 10128 PURCHASE PRICE: 19,500,000 PRICE PER UNIT: $513,158 PRICE PER SQUARE FOOT: $906 TOTAL OF 38 UNITS OF WHICH 32 UNITS WILL BE DELIVERED VACANT 161-163 E 89th Street is a located at 89th street, between 3rd Avenue and Lexington Ave. The two buildings contain a total of 38 units with 5 stories each. 161 E 89th Street is comprised of 8 one-bedroom + den (can be utilized as 2-beds) units, and 8 studio units, with two 2-bed¬room, rent controlled units. 163 E 89th Street is comprised of 10 one-bedroom + den (can be utilized as 2-beds) units, and 10 studio units. Market rents on East 89th Street = Studio - $2,000 to $2,200 per month / 1 Bedroom + Den- $2,700 to $2,900 per month. Subway lines like the 4, 5, and 6 are just two blocks away and soon the Q and T on the 2nd Avenue subway line. For additional information, please visit our website at www.remax-nyc.com/161.pdf or contact John Chang at 212-518-3030 or Richard Wong at 917-828-6798 or email team@remaxnyc.com
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