BKREA has been retained on an exclusive basis to arrange the sale of 433 East 76th Street / 434 East 77th Street (The “Site”), a rare block-through development opportunity located in Manhattan’s Upper East Side. The Site spans 25 feet of frontage on both East 76th and East 77th Streets and extends 204.33 feet in depth, creating a 5,108-square-foot lot with dual access on both East 76th and East 77th Streets.

Currently improved by a three-level parking structure (two below grade and three above), the site presents a highly flexible opportunity for developers. The garage, which is owner-operated and accommodates over 120 parking spaces, offers immediate cash flow potential and could be partially retained or demolished and redeveloped.

Zoned R8B with a residential Floor Area Ratio (FAR) of 4.0 for residential use, The Site offers an as-of-right residential zoning floor area (ZFA) of approximately 20,432 square feet. For rental development utilizing Universal Affordability Preference (UAP), the FAR increases to 4.8, permitting up to 24,518 square feet of residential ZFA.

This block-through configuration allows for multiple compelling development scenarios — including the construction of a boutique condominium on East 77th Street while maintaining a high-performing parking facility on East 76th Street, or developing two distinct residential buildings with entrances on separate streets. The Site’s scale, optionality, and established infrastructure make it one of the most versatile development offerings on the Upper East Side.