BKREA has been retained on an exclusive basis to arrange for the sale of 11 East 78th Street (“The Property”), a 25’ wide elevator building with approximately 11,750 gross square feet. The Property features 16 residential units, including a mix of 1 threebedroom apartment, 8 one-bedroom apartments, and 7 studio apartments. 81% of the units are Free Market with 3 rent stabilized units, offering a compelling opportunity to increase revenue as market rents continue to rise.

Ideally situated on the north side of East 78th Street, between Fifth Avenue and Madison Avenue, the property is just steps away from Central Park and The Metropolitan Museum of Art, making it an attractive location for residents. The Property is ideal for a user buyer who is interested in occupying the three bedroom penthouse, which features its own washer-dryer and a private outdoor space. 11 East 78th Street is situated on a quiet block in Manhattan’s Upper East Side. Close to Central Park, and Northwell Hospital. The popular PS-6 and prestigious private schools such as Rudolf Steiner, Dalton, Spence, St. Bernard’s, and Nightingale are all within a short walking distance. The property is conveniently accessible by the 77th Street 6 train, the 2nd Avenue Q train at 83rd Street, and the 4, 5, 6 train at 86th Street. The immediate vicinity of The Property offers popular dining spots like Serafina and local favorite, Sant Ambroeus along with luxury retailers such as Veronica Beard, Vera Wang and Carolina Herrera. Positioned in a prime Upper East Side location, 11 East 78th Street is poised to benefit from strong demand drivers, appealing to investors looking for a well-located property with user upside potential.