220 East 86th Street & 217-219 East 85th Street

Investment Highlights:

Meridian Investment Sales is pleased to present the exclusive offering of 220 East 86th Street and 217–219 East 85th Street — a three-building mixed-use portfolio located in the heart of Manhattan’s Upper East Side. This 38,590-square-foot package spans a total lot area of 9,450 square feet and includes 44 residential units and 7 commercial spaces, anchored by national tenants such as Orangetheory Fitness and Modern Martial Arts NYC. The residential portion is 98% occupied, with an attractive mix of free market and rent-stabilized units, while the commercial component boasts 97% occupancy with long-term leases in place through 2030.

Positioned between 2nd and 3rd Avenues on the highly trafficked 86th Street corridor, the portfolio benefits from significant street frontage and unmatched connectivity, just steps from the 4, 5, 6, and Q subway lines. The offering combines stable in-place income with long-term upside, supported by nearly $2 million in recent capital improvements. Surrounded by elite schools, premier retail, cultural institutions, and major employers, this asset presents a rare opportunity to acquire scale and prominence in one of New York City’s most sought-after neighborhoods.