Bulk sale of 18 condo units in a 328 unit established condo building. 345 East 80th Street, The East Winds Condominium is located in the heart of the Upper East Side. The building was originally built as a rental property and converted to a condominium in the early 1990's.

The building offers a full-time concierge, live-in super, roof deck, on-site garage, central laundry room, common storage room and bicycle storage. All 18 units are comprised of free-market rentals, all occupied and ranging in price from $2,390 to $3,820. Many rents are coming due in 2016 and all expect significant increases.

The apartments range in size from 572 square foot one bedrooms to 929 square foot junior 4's already converted into 2 bedrooms. Many of the units have balconies, open city & river views, bright exposures and have been renovated by the Sponsor in the last 5 years. This is a Sponsor sale and No Board Approval is required.

The East Winds is an established condominium with strong financials and a healthy reserve fund. Need 48 hours to show. The following apartments included in the package: 14A,12B, 4D, 21D, 24D, 11E, 30E, 32F, 9G, 17G, 12H,30H, 4J, 12J, 18K, 26K, 3L, 32LThe Upper East Side, located between Central Park's eastern edge and the East River, contains some of the most picturesque architecture, fine dining and designer boutiques. This historic area is known for its excellent private and public schools, tree-lined streets and abundance of cultural institutions.

The UES is host to some of the most famous museums in the world, the Metropolitan Museum of Art, The Frick, and the Guggenheim to name a few. Access to Central Park on one end, Carl Schurz & East River Park on the other, the caliber of recreational & cultural offerings is unsurpassed. From single family homes to lavish mansions, high-rise condos, co-ops and historic districts, the Upper East Side is considered one of the premiere residential neighborhoods in the city.

The Upper East Side beckons.The East winds offers easy access to three major subway lines, bus routes and the soon-to-be completed 2nd Avenue Subway line, slated for late 2016.

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