Located in the heart of Manhattan’s Upper East Side, 407 East 77th Street offers a rare opportunity to acquire a 5-story, 15-unit multifamily rental building with exceptional free Market exposure and immediate value-add potential.
Financials and verified rent roll can be provided. Offering Memorandum available.
This well-maintained walk-up building consists of 11 Free Market units, 3 rent stabilized and 1 rent controlled. Two (2) Owner Occupied units along with three (3) furnished rentals will be delivered vacant six (6) months post-closing, creating a unique repositioning opportunity for new ownership to set market rents, renovate, or occupy.
Positioned between 1st and York Avenues, the building benefits from proximity to the Q train, major bus lines, and the vibrant retail and dining options that define the Upper East Side.
With its prime location and favorable unit mix, this asset offers flexibility for investors seeking strong cash flow, appreciation, or owner-user possibilities.
Email or call for more information.
Active
Price cut: $500K (8/17)
$5,500,000
407 E 77th St APT 1, New York, NY 10075
21beds
10,280sqft
Rental Unit
Built in 1910
-- sqft lot
$5,324,000 Zestimate®
$535/sqft
$-- HOA
What's special
Well-maintained walk-up building
- 135 days
- 406
- 25
Zillow last checked:
Listing updated:
Listed by:
Keller Williams NYC 917-609-8146,
Mirza Avdovic,
Christina Pensa
Source: StreetEasy,MLS#: S1823322
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 15
- Full bathrooms: 15
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 10,280
- Total interior livable area: 10,280 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Materials
- Roof: Roof Rights
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Lenox Hill
Location
- Region: New York
Financial & listing details
- Price per square foot: $535/sqft
- Annual tax amount: $117,840
- Date on market: 4/21/2026
Estimated market value
$5,324,000
$5.06M - $5.59M
$4,681/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $5,500,000-8.3%$535/sqft |
Source: StreetEasy #S1823322 Report a problem | ||
| 4/21/2026 | Listed for sale | $6,000,000$584/sqft |
Source: StreetEasy #S1823322 Report a problem | ||
Public tax history
Tax history is unavailable.








