Why UES Building Offers Pocket of ‘Tremendous Value’

A&E Real Estate Holdings aims to provide value with renovation.

New York—The recently renovated residential rental building 245 East 80th Street on New York City’s highly-sought Upper East Side has begun leasing. The 110-residence building is available for immediate occupancy.

The building will be represented by full-service real estate marketing and brokerage firm aptsandlofts.com. The announcement was made by A&E Real Estate Holdings in conjunction with aptsandlofts.com.

The 56-year-old, 12-story red brick building was designed by celebrated architect William I. Hohauser. It is ideally situated on the Upper East Side between Second and Third Avenues, close to conveniences ranging from high-end restaurants and shopping to museums, parks and transportation.

The property offers studio, one-, two- and three bedroom apartments extending from 450 to 1,600 square feet in size, the majority of which were redesigned by architect and interior design firm Kinlin Rutherford.

Among the luxury features of the apartments are 9-foot ceilings, Preverco white oak hardwood floors, Glassos Nano white polished countertops and vanities, Frigidaire stainless steel appliances, Verona gas stoves, porcelain floors and other updated bathroom finishes, new entry doors and washers and dryers in all renovated units. Rents range from $2,580 to $9,740 per month

The lobby, elevators and corridors have also undergone renovation, and parts of the exterior, including a new entrance canopy, have been upgraded. A 1,500-square-foot garden terrace, fitness center and multipurpose room are among the updated amenities that will be available to residents later this year.

The building features a 24-7 doorman and on-site superintendent.

“There are still pockets in the Upper East Side that offer tremendous real estate value, like at 245 East 80th Street,” said aptsandlofts.com president and founder David Maundrell.

“The layouts are much larger than typical Manhattan rentals, and the interior design concept offers a stylish and unique high-end living environment. Renters expect more today, which is why we anticipate the market to gravitate towards this elevated living experience.”