46 W 87th St - Apartments FOR SALE


New York, NY 10024- Upper West Side
$6,950,000 USD
212-430-5152
46 W 87th St, New York, NY for Sale
$6,950,000 USD
Apartments - FOR SALE
1/10
null | 5.55% Cap Rate

46 W 87th St
New York, NY 10024
Upper West Side


HIGHLIGHTS

  • Four-story multifamily property located less than one block from Central Park on the Upper West Side.
  • Approximately 8,861 square feet with thirteen residential units and one rent-stabilized apartment.
  • Convenient to B and C subway lines at 86th Street and 81st Street, with additional access to the 1 line nearby.
  • Exceptional neighborhood amenities, including cultural institutions, dining corridors, and recreational offerings.

OVERVIEW

46 West 87th Street presents the opportunity to acquire a classic Upper West Side multifamily asset located less than one block from Central Park. Situated within the Upper West Side/Central Park West Historic District, the property consists of a four-story plus basement apartment building containing approximately 8,861 square feet across thirteen residential units. The property benefits from exceptional proximity to Central Park, the American Museum of Natural History, and the extensive dining, retail, and cultural amenities that define the Upper West Side. Residents enjoy convenient access to the B and C subway lines at 86th Street and 81st Street, as well as the 1 train along Broadway, providing connectivity throughout Manhattan and the greater metropolitan area. 46 West 87th Street offers investors the opportunity to own a well-located multifamily building in a highly sought-after neighborhood characterized by strong residential demand, limited housing supply, and enduring appeal among renters seeking access to Central Park and the cultural amenities of Manhattan's Upper West Side.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$784 USD /SF

# OF UNITS

13

PRICE/UNIT

$534,615

CAP RATE

5.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R7-2

APN/PARCEL ID

1200-0152

ASK ABOUT THIS PROPERTY

John StewartMarcus & MillichapMore Info
212-430-5152

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John StewartMarcus & MillichapMore Info
212-430-5152

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