Active

167 West 72nd Street

New York City NY, 10023

$5,800,000


$872.18 per sqft

Active

9 Beds

8 Baths

6,650 sqft

Residential

Built in 1910

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 facade 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.

COMP-1687834880686195489

MLS ID

October 21, 2024

Listed

October 22, 2024

Updated

Map

167 West 72nd Street
New York City NY, 10023

Interior Features

Total Stories

5


Bedrooms

9


Total Bathrooms

8


Full Bathrooms

7


Half Bathrooms

2


Interior Features

High Ceilings


Laundry Description

See Remarks


Floor Description

Hardwood


Fireplace

Yes


Fireplace Description

Decorative


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

Walk-Up

Other Property Details

Taxes

$112,752


Tax Frequency

Annually


HOA

$1,035


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

Listed by Kelly Higgins with Compass
Listing Contact: (646) 609-9890 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 10/22/2024 at 10:47 AM UTC

 

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