Multi-family
Screenshot
For Sale
Multi-family
167, West 72nd Street, Upper West Side, Manhattan, New York County, City of New York, New York, 10023, United States
Description
Prime Opportunity at 167 West 72nd Street, New York, NY, 10023
Discover this exceptional property in a prime urban location, offering versatility for both investors and owner-users. Located in the heart of Manhattan, 167 West 72nd Street is a 2-star mid-rise apartment building that combines residential charm with investment potential.
Property Highlights:
- Sale Price: $5,800,000 ($828,571 per unit)
- Cap Rate: 4.10%
- Property Type: 2-Star Mid-Rise Apartments
- Units: 7 apartments
- Gross Building Area: 8,455 SF
- Typical Floor Size: 1,331 SF
- Stories: 5
- Building Class: C
- Units per Area: 175/AC
- Market Segment: All
- Rent Type: Market
Why Consider This Property?
- Flexible Use: Ideal for investors seeking income-generating opportunities or owner-users desiring a prime Manhattan address.
- Urban Appeal: Located in a thriving neighborhood with excellent accessibility and amenities.
- Investment Potential: Market rent structure ensures stable income and long-term growth in value.
This property is an excellent choice for those looking to capitalize on Manhattan’s robust real estate market. Its central location, solid income potential, and flexibility make it a standout option.
Contact us today to schedule a tour or request further details about this unique property!
