Meridian Investment Sales is pleased to offer the Upper East Side Portfolio for sale—three mixed-

use (retail/multifamily) buildings at 220 East 86th St, 219 East 85th St, and 217 East 85th St, located in

Manhattan’s iconic 86th Street corridor.

Portfolio Buildings:

Location: Upper East Side, East 86th and East 85th between 2nd and 3rd Avenue

Lot Area: 9,450 SF

Lot Frontage: 42 ft frontage on East 86th St, 51 ft on East 85th St.

Gross SF: 38,590 SF (8,500 SF commercial + 30,090 SF residential).

Residential Details:

Total Units: 44 units

Occupancy: 98% unit occupancy

Unit Mix: 3 studios, 38 one-beds, 1 two-bed, 2 four-beds.

Rent Stabilized Units: 27 units, average rent of $1,628 / month

Free Market Units: 17 units, average rent of $3,720 / month

Commercial Details:

Total Units / SF: 7 units totaling 8,500 SF

Occupancy: 97% occupancy by SF

Flagship tenants: Orange Theory (3,300 SF lease) and Modern Martial Arts NYC (5,000 SF lease)

Commercial Rent Per Occupied Square Foot: $102.31 / SF.

Location Advantages:

High foot traffic on bustling 86th and 85th St commercial corridors.

Exceptional school district and access to top NYC private schools

Nearby retail offerings include lululemon, Sephora, Old Navy, Shake Shack, + more

Steps from East 86th St MTA station (4, 5, 6, Q trains) and walking distance to Central Park