Multi-family

Value-Add Multifamily Investment on the Upper West Side – 520 West End Avenue

Address: 520 West End Avenue, New York, NY, 10024
Price: $5,250,000 ($477,273 per Unit)
Sale Type: Investment Sale
Type: 2-Star Mid-Rise Apartments
Location: Urban – Upper West Side / West End Historic District
Units: 11 Residential Units
Avg Unit Size: 759 SF
Stories: 5
Building Class: C
Gross Building Area (GBA): 8,287 SF
Typical Floor Size: 1,657 SF
Number of Buildings: 1
Units per Acre: 177 Units/AC
Rent Type: Market Rate

Investment Overview:

520 West End Avenue offers a rare Upper West Side multifamily investment with strong long-term upside. This 5-story mid-rise includes 11 spacious market-rate units in a desirable, historic residential enclave. Ideal for investors seeking stable in-place income and future value growth through targeted renovations or repositioning.

Key Features:

Prime Upper West Side Location:

✔ Located between West 85th and 86th Streets on the prestigious West End Avenue corridor
✔ Steps from Riverside Park, the 1 subway line, and historic brownstone blocks
✔ Surrounded by luxury condominiums, high-income tenants, and top schools

Stable Asset with Future Potential:

✔ 11 large, market-rate apartments averaging 759 SF per unit
✔ 5-story walk-up building with solid cash flow and low turnover
✔ Opportunity for unit upgrades and rental increases over time

Building Specifications:

✔ 8,287 SF Gross Building Area across five stories
✔ Typical floor plate: 1,657 SF
✔ Single-building structure with efficient layout and good ceiling heights
✔ Class C asset in a premium residential neighborhood

Financial Highlights:

✔ Asking Price: $5,250,000
✔ Price per Unit: $477,273
✔ 100% market-rate units allow for full upside capture on lease turnover
✔ Ideal for long-term investors or 1031 exchange buyers seeking yield and appreciation

Conclusion:

520 West End Avenue represents an excellent opportunity to acquire a well-located, income-generating multifamily asset in one of Manhattan’s most established and prestigious neighborhoods. With a classic exterior, strong tenant base, and repositioning potential, this is a smart addition to any NYC real estate portfolio.

Contact us today to request the full offering memorandum or schedule a private property tour.