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Mixed-Use

237 West 72nd Street

237 W 72nd St, New York, NY 10023

Listing Price: $7,950,000

Cap Rate
6.40%
Number of Units
6
Occupancy
100.0%
Price/Unit
$1,325,000
Price/Gross SF
$941.94
Gross SF
8,440

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the heart of the Lincoln Square/Upper West Side neighborhood. Ownership has completed a comprehensive renovation, delivering a true turnkey asset that requires no capital outlay from day one. The apartments have been meticulously redesigned with condo-quality finishes throughout, featuring new kitchens, bathrooms, hardwood flooring, and modern fixtures, positioning each unit to command top-of-market rents and attract the caliber of tenants this neighborhood consistently draws. Upgraded common areas, building systems, and façade further reinforce the institutional quality of this offering. A new owner steps in with nothing left to do but collect and benefit consistent year over year rental growth.

Investment Highlights

  • 237 West 72nd Street is located on the north side of West 72nd Street between Broadway and West End Avenue. The property boasts an approximate gross square footage of 8,440, is zoned C4-6A / R10A, and
  • Protected Tax Class: 2A | 100% Free Market | Zoning: C4-6A
  • With seamless access to the 1/2/3 subway lines and neighborhood conveniences at every turn 237 West 72nd Street sits at one of the Upper West Side's most iconic and heavily trafficked neighborhoods.

Exclusively Listed By

  • Joe Koicim

    Licensed Associate Real Estate Broker

    (212) 430-5147

    Email Joe

    License(s): NY: 10301208718

    New York City

Financing By

Mixed-Use

237 West 72nd Street

Listing Price: $7,950,000

Cap Rate
6.40%
Number of Units
6
Occupancy
100.0%
Price/Unit
$1,325,000
Price/Gross SF
$941.94
Gross SF
8,440

Investment Highlights

  • 237 West 72nd Street is located on the north side of West 72nd Street between Broadway and West End Avenue. The property boasts an approximate gross square footage of 8,440, is zoned C4-6A / R10A, and
  • Protected Tax Class: 2A | 100% Free Market | Zoning: C4-6A
  • With seamless access to the 1/2/3 subway lines and neighborhood conveniences at every turn 237 West 72nd Street sits at one of the Upper West Side's most iconic and heavily trafficked neighborhoods.

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity located in the heart of the Lincoln Square/Upper West Side neighborhood. Ownership has completed a comprehensive renovation, delivering a true turnkey asset that requires no capital outlay from day one. The apartments have been meticulously redesigned with condo-quality finishes throughout, featuring new kitchens, bathrooms, hardwood flooring, and modern fixtures, positioning each unit to command top-of-market rents and attract the caliber of tenants this neighborhood consistently draws. Upgraded common areas, building systems, and façade further reinforce the institutional quality of this offering. A new owner steps in with nothing left to do but collect and benefit consistent year over year rental growth.

Exclusively Listed By

  • Joe Koicim

    Licensed Associate Real Estate Broker

    (212) 430-5147

    Email Joe

    License(s): NY: 10301208718

    New York City

Financing By

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