867 Riverside Dr, New York, NY 10032

Tours are scheduled by appointment only, no walk-ins. Discover a distinguished investment property at 867 Riverside Drive, nestled in Manhattan's historic Washington Heights neighborhood. This six-story, 4,550-square-foot multifamily, constructed in 1909, offers a compelling blend of historical charm and modern financial appeal. The building is comprised of 7 free-market units - 4 studios, 1 one-bedroom, and 2 two-bedrooms - each with 11 to 12 foot ceilings and unique layouts that enhance their desirability among tenants. All units are currently leased, ensuring immediate rental income. The manager's apartment is located in the basement, providing on-site management potential. This property promises a steady return on investment, as it allows for potential rent increases in line with market trends, offering significant upside potential. 867 Riverside Drive offers a rare balance of serenity and convenience. With the 1, A, and C trains nearby, commuting to Midtown or Downtown Manhattan is quick and easy, making it a great choice for most renters. The area is surrounded by green spaces like Riverside Park and Fort Washington Park. The Hudson River Greenway and George Washington Bridge Path offer even more options for recreation, while local favorites like The Hispanic Society Museum, cozy cafés, and essential amenities make day-to-day life both vibrant and effortless. Please inquire for offering materials.