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.
