167 W 72nd Street Active Save Request In-Person Tour Request Virtual Tour
Manhattan,NY 10023
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,650 sqft
Price per Sqft $872
Subdivision Upper West Side
MLS Listing ID COMP-1687834880686195489
Style Walk-Up
Bedrooms 9
Full Baths 7
Half Baths 2
HOA Fees $1,035/mo
HOA Y/N Yes
Year Built 1910
Annual Tax Amount $112,752
Property Description
Introducing a rare opportunity to own a prime piece of New York City real estate in the heart of the Upper West Side. Situated at 167 West 72nd Street, this historic building, built in 1884, is steeped in charm and character, while its mix of residential units and commercial space offers a unique investment potential.
Boasting an impressive façade and classic architectural details, the property features seven residential apartments, which are a blend of fair market and rent stabilized, and two commercial units.
This property offers a strategic location that is poised for growth, surrounded by an impressive mix of residential, commercial, and cultural attractions that epitomize the desirability of the Upper West Side. Conveniently positioned near multiple subway lines and bus routes, commuting anywhere in the city is effortless.
This is an exceptional chance to invest in a well-maintained building in a coveted area, where the blend of historic charm and modern amenities meets the vibrant energy of New York City.
With Central Park just a short stroll away, residents enjoy easy access to green spaces, trendy cafes, and cultural attractions, making this location highly desirable to tenants, and the enviable foot traffic makes this an ideal location for commercial businesses.
As a buyer, you’ll recognize the value-add proposition of this building. With the potential for renovation or expansion, there are significant opportunities to enhance income while increasing property value in a neighborhood that consistently experiences appreciation. The lot holds 18,390 Sf Ft FAR and 11,733 Sq ft in unused FAR. Air rights available. All due diligence should be completed by buyer.
Location
State NY
County Newyork
Rooms
Basement Full
Interior
Interior Features High Ceilings
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Decorative
Furnishings Unfurnished
Fireplace Yes
Laundry See Remarks
Exterior
Private Pool No
Building
Story 5
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $10,431
Pets Description Building No,Cats OK,Dogs OK