Contacts
BKREA
Property Details
- Property Type Multi-Family
- Property Size 86,114 SF
- Units 102
- Additional Rent Contact for pricing
- Date Updated Dec 11, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Investor Value Potential - This package is not affected by new rent regulation laws. Thus, upon vacancy the units can either be leased or sold at “fair market” rates.
- Tenant Demographics - The average age of the tenancy is 71 years old.
- Immediate Upside Potential - Five vacant units are currently being renovated. Once completed, they can either be rented to increase revenue or sold for a profit.
- Tremendous Light and Air - Due to its blockfront exposure, the property boasts windows on the north, east, west, and south walls, providing ample natural light to both the units and common areas.
- Substantial Blockfront Frontage - 601’ of Wraparound Frontage- The property boasts 201’ of frontage on Columbus Avenue, 200’ of frontage along West 92nd Street, and 200’ of frontage along West 93rd Street.
- Ample Transportation Available - Proximity to several transportation hubs with services the 1,2,3, and C subway lines, as well as the M7, M11, M96 and the M106 all readily accessible.
- Exceptional Views - 35% of units with a private outdoor balcony and 72% of units are located on a high floor offering Central Park, Hudson River and city skyline views.
- Favorable Location - The property is located in the Upper West Side, near Central Park and within walking distance to many top tier public and private schools.
- High Condominium Sellouts - The average of renovated condo sellouts achieved by ownership is $1,526 PSF with a high-water mark of $1,665 PSF - an attractive price point for an Upper West Side location in today’s market.
Getting around
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Location
- City New York, NY
- Neighborhood Upper West Side
- Zip Code 10025
- Market Manhattan
Points of Interest
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Broadway & 86th St
0.42 miles
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Carmel Car & Limo
0.44 miles
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New App Car & Limo
0.62 miles
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81st Street–Museum of Natural History
0.65 miles
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Special Radio Dispatch
0.82 miles
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East 96th Street & Lexington Avenue at Southwest Corner
1.02 miles
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East 96th Street & Lexington Avenue at Northwest Corner
1.02 miles
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St Nicholas Ave & Central Park North At Nw Corner
1.03 miles
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96th Street
1.04 miles
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East 96th Street & Lexington Avenue at Southeast Corner
1.04 miles
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FLO
0.46 miles
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ChargePoint
0.49 miles
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Tesla Supercharger
0.90 miles
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Shell
1.13 miles
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Mobil
1.52 miles
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plugNYC
1.70 miles
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BP
1.94 miles
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Champion Parking
0.91 miles
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Mount Sinai
0.94 miles
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Metropolitan Museum
0.95 miles
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Loeb Boathouse Parking Lot
1.06 miles
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Quik Park
1.06 miles
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MPG
1.10 miles
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Astor Terrace Parking Garage
1.21 miles
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Knickerbocker Plaza Car Park
1.22 miles
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iClean
1.49 miles
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101 West End Parking
1.49 miles
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Night Hotel
0.21 miles
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The Hotel Newton
0.23 miles
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International Student Center
0.27 miles
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Hotel Belnord
0.34 miles
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Hotel 99
0.40 miles
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Central Park Inn
0.54 miles
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Hostelling International New York City
0.56 miles
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Jazz on the Park
0.67 miles
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The Lucerne
0.69 miles
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Astor on the Park
0.72 miles
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Trader Joe's
0.02 miles
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D'Agostino
0.10 miles
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Seasons
0.13 miles
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Key Food
0.20 miles
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Whole Foods Market
0.26 miles
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Barzini's
0.26 miles
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Target
0.28 miles
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Uptown Whole Foods
0.30 miles
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TJ Maxx
0.32 miles
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Burlington
0.33 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
BKREA