The Agency The Agency

53 West 94th Street

Upper West Side, Manhattan, NY 10025
Central Park West & Columbus Avenue
Sale Price $6,900,000
Property Type Income Property
Beds 10
Baths 10

Property Description

The Agency NYC is pleased to exclusively offer the sale of 53 West 94th Street located on the Upper West Side. Situated on 94th Street between Central Park West and Columbus Avenue, this 20-foot-wide building contains seven (7) renovated, free market, rental apartments that are 100% leased. The building has been maintained by the same owner for the past 20 years. 53 West 94th Street offers a unique opportunity to acquire a free market property with multiple ways to add value.

A particularly interesting opportunity is to convert the ground and 2nd floors into an owner-occupant unit, and use the remaining units to cover expenses. If that opportunity is not of interest, it should be noted that the rental rate for each of the seven units has a fair amount of room to grow.

This property is conveniently located just half a block from Central Park West, within walking distance to the 96th Street B and C trains & is surrounded by national retailers such as Whole Foods, Starbucks, Home Goods, and many others.

Located in one of the city’s most sought after residential neighborhoods for schools and cultural institutions, this well-maintained property offers a new owner a variety of configuration/investment options and half a block to Central Park.

If interested in viewing the memorandum please reach out!

Agent Information

Licensed Associate Real Estate Broker (917) 250-0290
The Agency
Licensed Real Estate Salesperson (609) 651-6649
The Agency

Property Specifics

Property Type: Income Property
Yearly Taxes: $71,046
Estimated Sq. Foot:
6,060
Lot Size:
N/A
Price per Sq. Foot:
$1,139
Building Stories: 5
Pet Policy: Case by Case
MLS ID: 87714TH
Source Status: Active
Also Listed By: olr-nonrebny: 87714TH

Unit Amenities

N/A

Views & Exposures

Townhouse Views

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 1900
  • Pets Allowed: Case By Case

Interior and Exterior Features

Interior Features
  • Living Area: 6,060 sq. ft.; source: Estimated
  • Total Bedrooms: 10
  • Full Bathrooms: 10
Exterior Features
  • View: Townhouse Views
Structure
  • Building Features: Post-war
  • Stories: 5
  • Total Stories: 5

Property Information

Lot Information
  • Zoning: R7-2

Estimated Monthly Payments

Monthly Total $39,016
Monthly Taxes $5,921
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $33,095 Monthly Charges $5,921 Total Monthly Payment $39,016
Calculation based on:
Price: $6,900,000
Charges: $5,921 * Additional charges may apply

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Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
Last checked: Apr 28, 2024, 6:03 AM UTC
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