New York, NY 10033

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$3,880,000
Annual Taxes:$69,340
505 Park Ave, New York, NY 10022
Listing Courtesy of Winzone Realty Inc

Excellent Manhattan Multifamily Investment Opportunity, Welcome to 512 West 180th Street, a well maintained multifamily property located in the vibrant Washington Heights area of Manhattan.

Description

Excellent Manhattan Multifamily Investment Opportunity, Welcome to 512 West 180th Street, a well-maintained multifamily property located in the vibrant Washington Heights area of Manhattan. Located in Washington Heights, the property benefits from a Manhattan location with convenient access to neighborhood shopping, restaurants, schools, parks, public transportation, and major Manhattan destinations. The surrounding neighborhood offers a diverse residential community and convenient transportation options, making the property attractive to both long-term residents and investors. This property offers an excellent combination of strong rental income, Four Units Of 2 BR, and 17 Units Of 3 BR Apt.. convenient location, substantial recent improvements, and long-term investment potential. A multifamily building with multiple residential apartments, providing an established rental-income stream and the potential for future income growth. The building's roof was repaired/replaced as part of comprehensive roof work completed in 2026, helping address previous water-intrusion issues and improving the building envelope. Numerous previously reported maintenance items have been addressed, including roof-related leaks, interior ceiling repairs, plumbing issues, painting, and other apartment repairs. The lobby has been renovated with a new floor and fresh painting. Stairs and handrails have also been repainted, creating a cleaner and more attractive common-area appearance. The front and rear masonry façades are maintained in good condition. The first-floor front exterior has also been repaired, resurfaced, and painted.

Amenities

  • Electricity Available

Long Island MLS

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.