53 W 94th St New York, NY 10025

We are pleased to exclusively offer the sale of 53 West 94th Street located on the Upper West Side. Situated on 94th Street between Central Park West and Columbus Avenue, this 20-foot-wide building contains seven (7) renovated, free-market, rental apartments that are 100% leased. The building has be...en maintained by the same owner for the past 20 years. 53 West 94th Street offers a unique opportunity to acquire a free market property with multiple ways to add value. A particularly interesting opportunity is to convert the ground and 2nd floors into an owner-occupant unit and use the remaining units to cover expenses. If that opportunity is not of interest, it should be noted that the rental rate for each of the seven units has a fair amount of room to grow. This property is conveniently located just half a block from Central Park West, walking distance to the 96th Street B and C trains & is surrounded by national retailers such as Whole Foods, Starbucks, Home Goods, and many others. Located in one of the city’s most sought after residential neighborhoods for schools and cultural institutions, this well-maintained property offers a new owner a variety of configuration/investment options and half a block to Central Park. If interested in viewing the memorandum please reach out! Continue reading