The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity in one of the most sought-after neighborhoods in Upper Manhattan, Manhattan Valley. 925 Columbus Avenue is situated right by Columbia University, between 104th and 105th Streets. The building spans 9,635 square feet and is composed of 17 units, 16 residential with 1 commercial store on the ground floor. This corner mixed-use walk-up building has been owned and operated by the same family for over 39 years. 9 of the 16 residential apartments are vacant, providing investors the opportunity to either convert the vacant apartments to condos or lease those units to Columbia University students to maximize revenue.14/16 apartments have already been renovated within the last 10 years. 925 Columbus Avenue is conveniently located a few steps from Central Park, Columbia University, and Broadway's prime retail corridor. The Building: This 17-unit walk-up building is composed of one store and 16 residential studios. 14/16residential apartments have been renovated in the last 10 yearsThe Metrics: $306 P/SF | $174k PPU | 9.1x GRMVacancy Upside: 9/16 apartments are vacant providing investors with the opportunity to either condo theunits or lease up to Columbia students at the max legal rent to maximize revenuePrime Location: 925 Columbus Avenue is located in close proximity to Central Park, Columbia University, and Broadway's prime retail corridor