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1375 1st Avenue + 352-354 East 74th St. 3 Multifamily Properties in New York, NY
Investment Highlights
- Corner Development Site
- Surrounded by high-income residential density and foot traffic
- Steps from the Q train and major bus routes
- Located in the heart of the Upper East Side’s retail corridor
- Classic brick façade with prominent street-level storefronts
- Near top hospitals, cultural institutions, and Central Park
Executive Summary
DEVELOPMENT SITE. This property is being offered together with 352 and 354 East 74th street.
The site currently offers 34,260 buildable square feet.
For developers seeking larger-scale potential, the assemblage opportunity can be extended
to include more parcels and neighboring air rights, enabling a combined buildable area of
approximately 114,000 square feet. This rare offering allows for the creation of a
significant new residential or mixed-use tower with excellent frontage along 1st Avenue
and East 74th Street.
The site currently offers 34,260 buildable square feet.
For developers seeking larger-scale potential, the assemblage opportunity can be extended
to include more parcels and neighboring air rights, enabling a combined buildable area of
approximately 114,000 square feet. This rare offering allows for the creation of a
significant new residential or mixed-use tower with excellent frontage along 1st Avenue
and East 74th Street.
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 3 |
| Sale Type | Investment | Total Building Size | 10,179 SF |
| Status | Active | Total Land Area | 0.08 AC |
| Number of Properties | 3 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 10,179 SF |
| Total Land Area | 0.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1375 1st Ave, New York, NY 10021 | Multifamily | 4,968 SF | 1920 | - |
| 354 E 74th St, New York, NY 10021 | Multifamily | 2,820 SF | 1940 | - |
| 352 E 74th St, New York, NY 10021 | Multifamily | 2,391 SF | 1910 | - |
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Presented by
IDRE Commercial Realty
1375 1st Avenue + 352-354 East 74th St.
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