Property Description for 53 West 94th Street
The subject property is located on a tree-lined street on 94th Street between Central Park West and Columbus Avenue on the Upper West Side.
The five-story, walk-up building consists of seven renovated, free-market apartments. Of the seven apartments, one is a three-bedroom, three are two-bedrooms and three are one-bedrooms. This building provides the possibility of converting to a single-family residence or living in part of the building while earning income from the other units. There is a garden in the rear that would be included in an owner’s duplex unit.
Located in one of the city’s best residential neighborhoods for schools and cultural institutions, this well-maintained property offers a new owner a variety of configuration options
and half a block to Central Park.
Air rights included. new roof, furnace & boilers. Separate heat & hot water meters for each unit.
Zoning: R7B
Rent Roll: $324,000
Expenses: $93,850
NOI: $230,150