The subject property contains five apartments and three commercial spaces. Of the five apartments, four are free-market and one is rent controlled. The unit mix is two floor though one bedrooms and three very large studio apartments. The ground floor, parlor floor basement commercial space is approximately 4,800 square feet and is occupied by the owner's medical practice. The commercial space is complete with a full basement with 9-foot ceilings and will be delivered vacant upon sale. There is office space/retail space on the second floor which will also be delivered vacant. The subject property is located 100 feet east of Columbus Avenue on one of the Upper West Side's primary blocks. The neighborhood is one of the most desirable in Manhattan for professionals, high-net worth individuals, restaurants, bars and retailers. Additional air rights of almost 11,000 sq-ft Property has 4 egresses in the front. Zoned C1-5 with EC-2 Overlay. You can have retail, restaurant, office space, school, day care, funeral home. Owner will hold financing.
Off market
$7,894,800
55 W 86th St OFC 1, New York, NY 10024
5beds
9,400sqft
MultiFamily
Built in 1905
-- sqft lot
$7,894,800 Zestimate®
$840/sqft
$27,726 Estimated rent