Listing Courtesy of: Kelly Higgins - Compass 212-913-9058
$5,800,000 affordable loan icon Calculate Payment

167 W 72nd St New York, NY 10023

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Mixed Use Residence
9 Beds
8 Baths
6,650 Sq. Ft.

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Last updated on 11/14/2024 1:20 PM
Introducing a rare opportunity to own a prime piece of New York City real estate in the heart of the Upper West Side. Situated at 167 West 72nd Street, this historic building, built in 1884, is steeped in charm and character, while its mix of residential units and commercial space offers a unique in...vestment potential. Boasting an impressive façade and classic architectural details, the property features seven residential apartments, which are a blend of fair market and rent stabilized, and two commercial units. This property offers a strategic location that is poised for growth, surrounded by an impressive mix of residential, commercial, and cultural attractions that epitomize the desirability of the Upper West Side. Conveniently positioned near multiple subway lines and bus routes, commuting anywhere in the city is effortless. This is an exceptional chance to invest in a well-maintained building in a coveted area, where the blend of historic charm and modern amenities meets the vibrant energy of New York City. With Central Park just a short stroll away, residents enjoy easy access to green spaces, trendy cafes, and cultural attractions, making this location highly desirable to tenants, and the enviable foot traffic makes this an ideal location for commercial businesses. As a buyer, you’ll recognize the value-add proposition of this building. With the potential for renovation or expansion, there are significant opportunities to enhance income while increasing property value in a neighborhood that consistently experiences appreciation. The lot holds 18,390 Sf Ft FAR and 11,733 Sq ft in unused FAR. Air rights available. All due diligence should be completed by buyer. Continue reading
MLS#
COMP-168783488068619
Property Type
Mixed Use
Bedrooms
9
Bathrooms
7 Full/2 Half
Year Built
1910
HOA Fee
$1,035 Monthly
Square Feet
6,650 sq. ft

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Listing Courtesy of: Kelly Higgins - Compass 212-913-9058
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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This content last refreshed on 11/14/2024 1:20 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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