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Manhattan, NY 10023,167 W 72nd Street
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Manhattan, NY 10023,167 W 72nd Street
Manhattan, NY 10023,167 W 72nd Street
Manhattan, NY 10023,167 W 72nd Street
Manhattan, NY 10023,167 W 72nd Street
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Elegran | Forbes Global Properties

Elegran | Forbes Global Properties

+1(212) 729-5712
Listing Courtesy of Compass
$ 5,800,000
Est. payment /mo
New

167 W 72nd Street Manhattan, NY 10023

9 Beds

8 Baths

6,650 SqFt


UPDATED:

10/21/2024 09:20 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,650 sqft

Price per Sqft $872

Subdivision Upper West Side

MLS Listing ID COMP-1687834880686195489

Style Walk-Up

Bedrooms 9

Full Baths 7

Half Baths 2

HOA Fees $1,035/mo

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $112,752

Property Description

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 investment 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.

Location

State NY

County Newyork

Rooms

Basement Full

Ensuite Laundry See Remarks

Interior

Interior Features High Ceilings

Laundry Location See Remarks

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Decorative

Furnishings Unfurnished

Fireplace Yes

Laundry See Remarks

Exterior

Private Pool No

Building

Story 5

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $10, 431

Pets Description Building No, Cats OK, Dogs OK


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167 W 72nd Street