$6,900,000
Updated 2 years ago
Off Market

53 West 94th Street

Upper West Side, Manhattan | Central Park West & Columbus Ave

10 Beds10 Baths6,060 Square FeetIncome Property

$6,900,000
floors / apts5 / 7
Lot Size20'x100'7''
Built Size20'x68'
ZoneR7-2
Building TypeTownhouse
RE Taxes$71,046
Price Per SF
$1,139

Outdoor space and views

  • North Exposure
  • South Exposure
  • Townhouse Views

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 53 West 94th Street

The Agency NYC is pleased to exclusively offer the sale of 53 West 94th Street located on the Upper West Side. Situated on 94th Street between Central Park West and Columbus Avenue, this 20-foot-wide building contains seven (7) renovated, free market, rental apartments that are 100% leased. The building has been maintained by the same owner for the past 20 years. 53 West 94th Street offers a unique opportunity to acquire a free market property with multiple ways to add value.

A particularly interesting opportunity is to convert the ground and 2nd floors into an owner-occupant unit, and use the remaining units to cover expenses. If that opportunity is not of interest, it should be noted that the rental rate for each of the seven units has a fair amount of room to grow.

This property is conveniently located just half a block from Central Park West, within walking distance to the 96th Street B and C trains & is surrounded by national retailers such as Whole Foods, Starbucks, Home Goods, and many others.

Located in one of the city’s most sought after residential neighborhoods for schools and cultural institutions, this well-maintained property offers a new owner a variety of configuration/investment options and half a block to Central Park.

If interested in viewing the memorandum please reach out!

Listing History for 53 West 94th Street

Now
07/16/2024
TOM by Shane Boyle
The Agency
01/16/2024
Back on the Market by Shane Boyle
The Agency

Building Details for 53 West 94th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/7
Learn More About the Building

Transit and Citi Bike

Subway

96 St
0.13 miles
96 St
0.34 miles
86 St
0.38 miles
103 St
0.45 miles

Citi Bike

Columbus Ave & W 95 St
0.08 miles
Central Park W & W 91 St
0.17 miles

Contact Agents

Contact Agents

Shane Boyle
The Agency
Will Ortman
The Agency

Upper West Side | Manhattan

Quick Profile

Bracketed on its east and west borders by massive city parks, the Upper West Side (UWS) is known for its greenery, stately and elegant townhomes, safe streets and great schools, all of which make it a very desirable neighborhood for families. The UWS has maintained its community feeling, making it attractive to young professionals and retirees, both of whom want a sense of belonging in the place they call home.

Here you’ll find many apartment buildings, especially those along Central Park West. Historic architecture abounds, anchored by four luxury co-ops - the San Remo, Majestic, Century and Eldorado apartments - all of which have two towers on their interiors. They were built in the 1930s and their design was predicated on a 1929 building code that imposed a height limit on residences facing the street. There are also impressive row houses near Riverside Drive throughout the W 70 and 80 Streets. Above the 90s, you will find smaller buildings where walk-ups are very reasonably priced.

There are several world-class museums and venues dedicated to the performing arts. Plentiful dining can be found in the UWS. You will find everything from quaint Jewish delis serving up bagels and a schmear to sophisticated fine dining that has earned multiple Michelin stars, and everything you could possibly want in between. There is also abundant shopping and a vibrant nightlife.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 87714TH