53 West 94th Street
Upper West Side, Manhattan, NY 10025
Central Park West & Columbus Avenue
Sale Price
$6,900,000
Property Type
Income Property
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!
Property Specifics
Property Type:
Income Property
Yearly Taxes:
$71,046
Estimated Sq. Foot:
6,060
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
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
Structure
- Building Features:
Post-war
- Stories:
5
- Total Stories:
5
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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