212-984-8107
12 W 104th St, New York, NY for Sale
Apartments - FOR SALE
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12 W 104th St
New York, NY 10025
Upper West Side


HIGHLIGHTS

  • 16 free-market apartments featuring exposed brick, in-unit washer/dryers, and modern finishes throughout.
  • Consistent high occupancy driven by proximity to Columbia University, Whole Foods, Trader Joe’s, and Central Park.
  • 14 two-bedroom and 2 one-bedroom units generating strong in-place income with an average monthly rent of $3,804.
  • Just two minutes from the 103rd Street subway station — and lines with direct access to Midtown in ~20 minutes.
  • Stable cash flow with opportunity for future rent growth and appreciation in a supply-constrained Manhattan submarket.
  • Steps from Central Park and surrounded by green spaces, offering exceptional neighborhood appeal, with direct access to Midtown in ~20 minutes.

OVERVIEW

CBRE is pleased to present for sale 12 West 104th Street (the “Property”), a 27-foot-wide multifamily walk-up in the heart of Manhattan Valley. The Property, located on the south side of West 104th Street between Manhattan Avenue and Central Park West, is a well-maintained asset positioned within a highly sought-after rental market and surrounded by abundant green spaces. The five-story building comprises 16 fully renovated, free-market apartments featuring exposed brick walls, in-unit washer/dryers, and modern finishes throughout. The unit mix includes 2 one-bedroom and 14 two-bedroom residences, generating an average monthly rent of $3,804 collectively. Additionally, tenants enjoy convenient access to a shared backyard, further enhancing the Property’s desirability within the competitive rental market. Uniquely, the Property stands alone, flanked by city-owned vacant lots on both sides, providing exceptional light and air and more green space. These adjacent parcels function as community gardens, collectively known as The West 104th Street Garden, and are actively maintained by residents and community organizations. The Property is also steps from Central Park, offering tenants immediate access to one of the city’s premier outdoor amenities. Connectivity is another key advantage: the Property is located just two minutes from the 103rd Street subway station, which services the and lines—providing direct access to Midtown Manhattan in approximately 20 minutes. Residents also enjoy proximity to a wide array of neighborhood amenities, including Whole Foods, HomeGoods, and Trader Joe’s, as well as numerous dining, retail, and recreational options that enhance the Property’s long-term rental appeal. The Property represents a rare opportunity to acquire a fully renovated, cash-flowing multifamily asset in Manhattan Valley, featuring 16 free-market units with modern finishes and strong in-place income. Its prime location near major transit and lifestyle amenities further positions the asset for long-term appreciation and sustained rental demand

FOR SALE DETAILS

PRICE

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# OF UNITS

16

CAP RATE

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% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R8B

APN/PARCEL ID

1839-0041

ASK ABOUT THIS PROPERTY

Ian BrooksCBREMore Info
212-984-8107

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Ian BrooksCBREMore Info
212-984-8107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.