Multi-family

Introducing 51 W 71st Street, New York, NY 10023

51 W 71st Street offers a rare investment opportunity in Manhattan’s distinguished Upper West Side. This 3-star mid-rise apartment building is listed for sale at $6,495,000, averaging $1,299,000 per unit, making it a solid asset in an upscale neighborhood with consistent market demand.

51 W 71st Street, New York, NY 10023
Price: $6,495,000 ($1,299,000/Unit)
Type: 3-Star Mid-Rise Apartments
Size: 4,905 sq. ft.

Key Features:

Expansive and Well-Designed Residential Space
The building’s 4,905 sq. ft. layout comprises five floors, with each floor featuring a spacious 1,226 sq. ft. unit. This setup is ideal for those looking to attract tenants seeking roomy accommodations in one of New York’s most desirable neighborhoods.

Prestigious Upper West Side Location
Located in the Upper West Side, this property sits in an urban, highly sought-after residential area known for its cultural significance, beautiful architecture, and access to Central Park. The location is surrounded by renowned dining, shopping, and entertainment options, making it a top choice for residents wanting a premium lifestyle.

Investment-Friendly Pricing in a Prime Market
Priced at $6,495,000, this property represents a strategic investment within a competitive market. With all units leased at market rates, the property provides a dependable income stream while offering potential for value appreciation in a coveted urban area.

Visibility and Accessibility in a Dynamic Neighborhood
Set in a vibrant neighborhood with high visibility, 51 W 71st Street is well-served by public transportation, including nearby subway and bus routes. This convenient access enhances its appeal to prospective tenants who value an easy commute and a lively community.

In Summary:
51 W 71st Street is a prime investment with spacious residential units, ideal for capitalizing on the Upper West Side’s enduring popularity. With its central location, competitive pricing, and income-generating potential, this property is a unique opportunity for investors looking to expand their portfolio in a prestigious New York City neighborhood. Don’t miss out on making this landmark address part of your investment success!