211-215 East 83rd Street - 211-215 East 83rd Street, New York, NY

AVAILABLE FOR THE FIRST TIME IN OVER 100 YEARS | The parish Church of St. Elizabeth of Hungary was established more than 100 years ago in 1917 after the purchase of the then existing Lutheran Church. Records show the neighboring Rectory building was constructed in 1930. Neither property has traded hands since, making this an extremely rare acquisition opportunity.

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BOUTIQUE DEVELOPENT SITE WITH 70 FEET OF FRONTAGE | With ± 70 feet of frontage on East 83rd Street and ± 28,947 buildable SF for Residential use and ± 36,907 buildable SF for Community Facility use the site offers a blank canvas for creative, ground-up development possibilities. Furthermore the 4,300 SF rectory is configured for Residential use and if desired, could readily be converted to Multifamily, Condos or a Single-Family Home.

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TO BE DELIVERED 100% VACANT | Both buildings are and will be delivered 100% vacant and neither Property is landmarked giving a developer the ability to begin planning, demolition and construction immediately upon closing.

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RESILIENT CONDOMINIUM MARKET – AVERAGE SELLOUT $2,650/SF | The Upper East Side is one of the strongest residential markets within Manhattan. Recent sales of comparable condo units in the area average $2,650/SF demonstrating robust demand.

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DESIRABLE PRISTINE UPPER EAST SIDE LOCATION | The Upper East Side is and has been the top destination for residencies in all of New York given its proximity to major employers in Midtown East and easy access to the upper echelon of shopping, restaurants, entertainment, and museums. Situated on the north side of East 83rd Street between 2nd and 3rd Avenue the Property sits in the heart of this sought-after enclave.

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ACCESSIBILITY | The neighborhood benefits from several subway lines including the 4, 5 and 6 trains at 77th, 86th and 96th streets along Lexington Avenue and the Q train at 72nd, 86th and 96th streets along 2nd Avenue thanks to the completed first phase of the Second Avenue Subway project. The neighborhood is also serviced by countless bus routes with several along both 2nd and 3rd Avenues as well as Citi Bike docking stations in proximity of the Property and access to the FDR Drive only one mile away.