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Upper East Side Mixed-Use Portfolio Sells for $61 Million as Apartment Tenants Return to New York

Year-Over-Year Market Rent Returned to Growth at End of Second Quarter, According to CoStar Analysis
In New York, 418 E. 77th St. is one of 12 properties sold on the Upper East Side of Manhattan. (James Hooker/CoStar)
In New York, 418 E. 77th St. is one of 12 properties sold on the Upper East Side of Manhattan. (James Hooker/CoStar)
CoStar News
August 31, 2021 | 7:46 P.M.

Amid signs of recovery in New York’s coronavirus-bruised apartment rental market, a 12-building mixed-use and multifamily portfolio on the Upper East Side of Manhattan was sold for $61 million.

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News | Upper East Side Mixed-Use Portfolio Sells for $61 Million as Apartment Tenants Return to New York