Building
| Type: | Townhouse |
|---|---|
| Era: | Post-war |
| Floors: | 5 |
Property
| Ownership: | income-property |
|---|---|
| Rooms: | 18 |
| Bedrooms: | 1 BR |
| Bathrooms: | 1 |
| Pets: | Pets Unknown |
FinancialsPrice:$7,750,000Real estate tax:$126,804
Description46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park.
The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units.
Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city.
This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan's most iconic and resilient neighborhoods.
Amenities- Voice Intercom
- Walk-up
NeighborhoodMore listings:
46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park.
The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units.
Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city.
This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan's most iconic and resilient neighborhoods.
- Voice Intercom
- Walk-up
NeighborhoodMore listings:
46 West 87th Street is a rare opportunity to acquire a fully occupied 13 unit multifamily property on one of the most desirable tree lined blocks of the Upper West ...
Description46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park.
The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units.
Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city.
This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan's most iconic and resilient neighborhoods.
Amenities- Voice Intercom
- Walk-up
NeighborhoodMore listings:
46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park.
The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units.
Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city.
This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan's most iconic and resilient neighborhoods.
- Voice Intercom
- Walk-up
NeighborhoodMore listings:
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
