349 W 71st St - Apartments FOR SALE


New York, NY 10023- Lincoln Square
$5,900,000 USD
417-684-0391
349 W 71st St, New York, NY for Sale
$5,900,000 USD
Apartments - FOR SALE
1/27
null | 6.49% Cap Rate

349 W 71st St
New York, NY 10023
Lincoln Square


HIGHLIGHTS

  • 6-Unit Multifamily. Fully Free Market
  • Protected Tax Class 2A
  • Tree-line and rare cul-de-sac street on the UWS of Manhattan
  • Can be combined with neighboring 345-347 W. 71st

OVERVIEW

Prime investment opportunity or end-user home with option for additional income. 349 West 71st Street is a stunning late-19th century townhouse located in the heart of the West 71st Street Historic District, offering significant potential for new owners. Currently configured as a six-family vacant rental, this exquisite Renaissance Revival style home built circa 1896 presents two main options: it can be maintained as a multi-family income producer or transformed into a spacious single-family residence.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$1,004 USD /SF

# OF UNITS

6

PRICE/UNIT

$983,333

CAP RATE

6.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1896

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,830 SF

ZONING

R8B, Manhattan, (C2)

APN/PARCEL ID

1183-0015

ASK ABOUT THIS PROPERTY

May Ling StellaCOMPASSMore Info
417-684-0391

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May Ling StellaCOMPASSMore Info
417-684-0391

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