Multifamily
515 West 170th Street
515 W 170th St, New York, NY 10032
Listing Price: $4,900,000
Investment Overview
Marcus & Millichap is pleased to present the following opportunity in the heart of Washington Heights. 515 West 170th Street is an ideally positioned walk-up composed of 35 apartments, including 12 one-bedroom units, 18 two-bedroom units, and 5 three-bedroom apartments. 10 of these units have been deregulated through individual apartment improvements, achieving an average monthly rent of $2,238, and providing investors with both immediate and long-term upside. Situated between Audubon and Amsterdam Avenue, the asset spans 29,250 square feet and provides investors with both immediate and long-term upside. 515 West 170th Street has been meticulously maintained by the same family for nearly 25 years. This building is in close proximity to New York-Presbyterian / Columbia University Medical Center, Audubon Playground, P.S. 513 Castle Bridge School, and the 168th Street A & C train.
515 West 170th Street
Investment Highlights
- 515 West 170th Street, built in 1917, is a 35 unit walk-up spanning 6 stories, and is approx. 29,250 SF on a 65' x100' FT lot.
- 6.7x GRM | $140,000 per Unit | $168 per Square Foot | 30% Free Market
- 515 West 170th Street is conveniently located near New York-Presbyterian / Columbia University Medical Center, Audubon Playground, P.S. 513 Castle Bridge School, and the 168th Street A & C train.
Exclusively Listed By
Financing By
Listing Price: $4,900,000
Investment Highlights
- 515 West 170th Street, built in 1917, is a 35 unit walk-up spanning 6 stories, and is approx. 29,250 SF on a 65' x100' FT lot.
- 6.7x GRM | $140,000 per Unit | $168 per Square Foot | 30% Free Market
- 515 West 170th Street is conveniently located near New York-Presbyterian / Columbia University Medical Center, Audubon Playground, P.S. 513 Castle Bridge School, and the 168th Street A & C train.
Investment Overview
Marcus & Millichap is pleased to present the following opportunity in the heart of Washington Heights. 515 West 170th Street is an ideally positioned walk-up composed of 35 apartments, including 12 one-bedroom units, 18 two-bedroom units, and 5 three-bedroom apartments. 10 of these units have been deregulated through individual apartment improvements, achieving an average monthly rent of $2,238, and providing investors with both immediate and long-term upside. Situated between Audubon and Amsterdam Avenue, the asset spans 29,250 square feet and provides investors with both immediate and long-term upside. 515 West 170th Street has been meticulously maintained by the same family for nearly 25 years. This building is in close proximity to New York-Presbyterian / Columbia University Medical Center, Audubon Playground, P.S. 513 Castle Bridge School, and the 168th Street A & C train.
Exclusively Listed By
Financing By
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