Upper West Side Multifamily Investment – Four-Unit Mid-Rise Opportunity
Address: 46 West 90th Street, New York, NY 10024
Asking Price: $6,700,000 ($1,675,000 per unit)
Sale Type: Investment
Building Size (GBA): 6,790 SF
Units: 4
Stories: 5
Location: West 90th Street between Columbus Avenue & Central Park West – Upper West Side
Status: Active
Property Overview:
46 West 90th Street presents a rare opportunity to acquire a well-positioned multifamily property in the heart of Manhattan’s Upper West Side. This 5-story mid-rise contains four large market-rate units, making it a prime candidate for strong rental income growth. Just steps from Central Park, this property benefits from a highly desirable residential location with exceptional neighborhood amenities, transportation access, and long-term value stability.
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Investment Highlights:
- Unit Mix: 4 large market-rate apartments
- Gross Building Area: 6,790 SF
- Typical Floor Plate: 1,358 SF
- Market Rent Potential: Strong demand for spacious Upper West Side residences
- Construction: Masonry, 2-Star Class C building
- Lot & Density: 87 units per acre
Location Advantages:
- Prime Upper West Side block between Columbus Avenue & Central Park West
- Steps to Central Park, American Museum of Natural History, and popular restaurants
- Excellent transit access via B/C and 1/2/3 subway lines
- Prestigious residential corridor with strong neighborhood appeal
Investment Profile:
- Market Segment: All market-rate units
- Rent Type: Market
- Ownership: Single-building asset
- Potential for value-add through renovations or repositioning
- Strong area fundamentals and low vacancy rates
Conclusion:
46 West 90th Street offers investors a solid multifamily asset in one of New York City’s most coveted neighborhoods. With a limited supply of comparable properties and continued demand for large market-rate apartments near Central Park, this building is well-positioned for long-term appreciation and stable income generation.
Contact us today for offering memorandum, rent roll, and financial details.
