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119 West 81st Street
Upper West Side, Manhattan | Columbus Ave & Amsterdam Ave
4,078 Square FeetIncome Property
$3,500,000
$3,500,000
Updated a month ago
Off Market

119 West 81st Street

Upper West Side, Manhattan | Columbus Ave & Amsterdam Ave

4,078 Square FeetIncome Property

$3,500,000
floors / apts5 / 10
Building TypeTownhouse
RE Taxes$72,396
Price Per SF
$858

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom
  • Sprinkler System

Property Description for 119 West 81st Street

119 West 81st Street - Upper West Side Townhouse Investment Opportunity

A rare opportunity to acquire a beautifully maintained, 10-unit circa-1885 townhouse on a coveted tree-lined block in the heart of the Upper West Side. This classic brownstone can be delivered approximately 40% vacant and spans 5 finished floors plus an unfinished basement, offering exceptional flexibility for both end-users and investors.

Located just moments from American Museum of Natural History and Central Park, and within the sought-after Upper West Side/Central Park West Historic District, the property enjoys picturesque views of surrounding historic townhouses and an unbeatable neighborhood setting.

Measuring 17' x 68' on a generous 102' lot, the building encompasses approximately 5,000 interior square feet plus an additional 685 square feet of exterior space. The current configuration includes 3 one-bedroom apartments and 6 studios, with a flexible layout that allows for reconfiguration-including the potential to combine the fourth-floor units. The 900 Square Foot owner's garden-level residence is a spacious floor through unit created by combining two apartments.

Held by the same family for nearly 50 years, the property features a mix of free-market and rent-stabilized units, making it ideal for a live-plus-income buyer or a strategic long-term investment.

Key Features:
Elegant entry lobby and well-maintained common areas, exposed brick walls, hardwood floors, multiple decorative fireplaces, Ceiling heights ranging from 7'10" to 11'4", Sprinkler system in place, Expansive private garden with decked terrace, plus an additional fourth-floor terrace & approximately 1,970 square feet of unused air rights. The building falls under Tax Class 2B

While the apartments have not been recently renovated, this presents a significant value-add opportunity for the next owner to modernize and maximize income potential.

Perfectly positioned near the best of the Upper West Side, including dining, shopping, and cultural institutions along Columbus and Amsterdam Avenues, the property is also conveniently located near the B/C trains at 81st Street and Central Park West, as well as the 1 train at 79th Street and Broadway, not to mention the Crosstown Bus at 81st & Columbus.

A true Old World gem with tremendous upside in one of Manhattan's most desirable neighborhoods."

Listing History for 119 West 81st Street

Now
07/22/2026
TOM by Ronen Agadi
Corcoran
04/24/2026
$3,500,000
Initial Price by Ronen Agadi
Corcoran
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Building Details for 119 West 81st Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1885
Floors/Apts5/10
Learn More About the Building

Transit and Citi Bike

Subway

81 St-Museum of Natural History
0.22 miles
79 St
0.25 miles
86 St
0.35 miles
86 St
0.36 miles

Citi Bike

Amsterdam Ave & W 82 St
0.13 miles
W 84 St & Amsterdam Ave
0.18 miles

Contact Agent

Contact Agent

Licensed As
Ronen Agadi
Associate Broker
License#:
10301211982
Company:
Corcoran
Ronen Agadi
Corcoran

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.

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Featured on the Linecity Blog

The MEDIAN

Manhattan| September 2023

According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000.  The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022.  The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%.  ...

posted on December 30, 2023
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: 105869TH
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