Multi-family

  • $4,150,000
314, West 102nd Street, Bloomingdale, Manhattan Community Board 7, Manhattan, New York County, City of New York, New York, 10025, United States
For Sale
Multi-family
314, West 102nd Street, Bloomingdale, Manhattan Community Board 7, Manhattan, New York County, City of New York, New York, 10025, United States
  • $4,150,000

Description

A unique investment opportunity in the Upper West Side, this low-rise apartment building combines charm, functionality, and profitability. Nestled in one of Manhattan’s most desirable urban residential areas, this four-unit property offers the perfect balance of elegance and potential for investors seeking stable returns in a prime location.

Property Overview:

  • Address: 314 West 102nd Street, New York, NY 10025
  • Asking Price: $4,150,000 ($1,037,500 per unit)
  • Sale Type: Investment Opportunity
  • Property Type: 3-Star Low-Rise Apartments
  • Location: Urban Upper West Side
  • Units: 4
  • Average Unit Size: 871 sq. ft.
  • Stories: 3
  • Class: C
  • Gross Building Area (GBA): 4,097 sq. ft.
  • Typical Floor Area: 1,365 sq. ft.
  • Number of Buildings: 1
  • Units per Acre: 92/AC
  • Market Segment: All
  • Rent Type: Market

Key Features:

Coveted Upper West Side Location:

Positioned in a tranquil yet accessible neighborhood, 314 West 102nd Street is surrounded by tree-lined streets, boutique shops, and renowned dining options. With easy access to Riverside Park, public transportation, and educational institutions, this property caters to both families and professionals.

Boutique Low-Rise Charm:

This three-story building offers an intimate living experience, appealing to tenants who value privacy and a sense of community. Each unit’s spacious layout enhances the property’s livability and tenant retention potential.

Strategic Unit Design:

With an average unit size of 871 sq. ft., the apartments offer a blend of comfort and efficiency, making them ideal for long-term tenants. The typical floor plan of 1,365 sq. ft. ensures practical and functional living spaces.

Strong Investment Appeal:

This Class C property represents an attractive entry point into Manhattan’s competitive rental market. Its low-rise format and market-rate rental structure provide steady income with room for potential rent growth.

Conclusion:

314 West 102nd Street offers a rare blend of charm, location, and profitability in the sought-after Upper West Side. With its strategic layout, boutique appeal, and proximity to Riverside Park, this property is a standout investment in New York City’s residential market. Whether you’re aiming for stable rental income or long-term capital appreciation, this property is poised to deliver excellent value.

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