Listing courtesy of Compass


167 West 72nd Street, New York, (Upper West Side), NY, 10023

167 West 72nd Street, New York, (Upper West Side), NY, 10023

24 rooms

1 beds

1 Full baths

1884

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.


Status:

Active

Town:

New York

Type:

Commercial

Laundry Remarks:

SeeRemarks

Zoning:

C4-6A

Building Type:

Low-Rise

Cooling:

Unknown Type

Levels:

5

Building Access:

Walk-up

Service Level:

Voice Intercom

OLR #:

COMP1687834880686195


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 The Real Estate Board of New York, Inc., All rights reserved