7509 Park Ave & 101 76th St

Value-Add Opportunity

• 34 Units
• 79% Upside*
• $188K Price Per Unit

Building Highlights

• 2 Multifamily Brick Buildings
• 50+ Year Ownership
• Renovated Units and Over Sized Units
• Strong Unit Mix of 2 & 3 Bedrooms
• Laundry in Basement
• Boiler Replaced in 2024 (101 76th St)
• Boiler Rebuilt in 2025 (7509 Park Ave)
• Separately Metered
• Tenants pay for cooking gas and electric
• Landlord pays for heat, hot water, common area electric & water/sewer

Convenient Transportation

• The building is approximately a 4-minute walk to the Boulevard East at 77th St bus stop which provides a 31-minute bus ride directly to Midtown Manhattan.

*Broker Estimates