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Multifamily

30 West 96th Street, New York, NY

30 W 96th St, New York, NY 10025

Listing Price: $4,325,000

Cap Rate
5.65%
Number of Units
10
GRM
10.73
Price/Unit
$432,500
Price/Gross SF
$685.42
Gross SF
6,310

Investment Overview

Marcus & Millichap is the exclusive sales broker for 30 West
96th Street (“Property”), a four-story walk-up apartment
building located on the Upper West Side. The Property
presents an opportunity for an investor to acquire a fully
free-market multifamily asset with immediate operational
flexibility and strong long-term upside.
The Property’s unit mix is comprised of eight one-bedroom
apartments and one studio apartment and is 100 percent
free-market. The rent roll provides stable income with
meaningful upside through continued rent growth and active
management. The Property is located within an R9 zoning
district and contains approximately 8,812 square feet of
unused development rights.
The Property is located near Central Park and benefits from
strong neighborhood demand, convenient transportation
access, and proximity to the Upper West Side’s established
retail and dining corridors.

Investment Highlights

  • 9 Apartments
  • 100% Free-Market
  • Room for Growth in Existing Rents
  • Strong Upper West Side Location

Exclusively Listed By

Financing By

Multifamily

30 West 96th Street, New York, NY

Listing Price: $4,325,000

Cap Rate
5.65%
Number of Units
10
GRM
10.73
Price/Unit
$432,500
Price/Gross SF
$685.42
Gross SF
6,310

Investment Highlights

  • 9 Apartments
  • 100% Free-Market
  • Room for Growth in Existing Rents
  • Strong Upper West Side Location

Investment Overview

Marcus & Millichap is the exclusive sales broker for 30 West 96th Street (“Property”), a four-story walk-up apartment building located on the Upper West Side. The Property presents an opportunity for an investor to acquire a fully free-market multifamily asset with immediate operational flexibility and strong long-term upside. The Property’s unit mix is comprised of eight one-bedroom apartments and one studio apartment and is 100 percent free-market. The rent roll provides stable income with meaningful upside through continued rent growth and active management. The Property is located within an R9 zoning district and contains approximately 8,812 square feet of unused development rights. The Property is located near Central Park and benefits from strong neighborhood demand, convenient transportation access, and proximity to the Upper West Side’s established retail and dining corridors.

Exclusively Listed By

Financing By

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