237 East 77th Street, New York, NY 10075

Offered at this combined price, 235-239 East 77th Street comprises two lots on a prime UES block between 3rd and 2nd Avenue. 235-237 East 77th Street (Block and Lot 01432-0014) is currently vacant. Ready for building, The 25 by 102 foot lot can accommodate a new, approx 10,000 square foot building. Build out your new home or investment opportunity while controlling the rental building directly to the east at 239 East 77th (Block and Lot 01432-0015). On an identically sized lot, the current rental building is 7,400 sq feet and is comprised of 16 units. The apartments are a mixture of studios and one beds. An investor has the option of collecting rent income of a fully occupied building or pursing a new development in the future.Inquire within for further details.