SOLD FOR $16,900,000
· Closed November 24, 2015
$16,900,000
$923 per sq ft
215-217 E 26th Street
MLS® #RLS10070960
Listing by Stephen P. Wald Real Estate Associates
Studio
0
Bath
18,315
Sq. Ft.
1912
Year Built
Sale Details
Property Summary
Description
Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale of 215 and 217 East 26th Street, which consists of 2 contiguous, mixed-use apartment buildings. Built in 1912, the buildings have a total of 26 residential units and 4 commercial units. The rent roll is substantially below market on all free market apartments and the rent controlled tenant is in the process of being evicted due to illegal subletting. One of the four retail tenants is on a month-to-month basis, providing a significant upside for the owner. All building mechanicals in good condition and all free market apartments recently renovated. This property represents excellent upside potential. FULL SETUP INCLUDING RENT ROLL AVAILABLE AT http://www.waldrealestate.com/portfolio/building-215-217-east-26th-st/
Property Details
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Listing courtesy of Cody Parker at Stephen P. Wald Real Estate Associates. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.