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For Sale

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$5,800,000

167 West 72nd Street

167 West 72nd Street, New York City, NY 10023

Description

Introducing a rare opportunity to own a prime piece of New York City real estate in the heart of the Upper West Side. Situated at 167 West 72nd Street, this historic building, built in 1884, is steeped in charm and character, while its mix of residential units and commercial space offers a unique investment potential.

Boasting an impressive facade and classic architectural details, the property features seven residential apartments, which are a blend of fair market and rent stabilized, and two commercial units.

This property offers a strategic location that is poised for growth, surrounded by an impressive mix of residential, commercial, and cultural attractions that epitomize the desirability of the Upper West Side. Conveniently positioned near multiple subway lines and bus routes, commuting anywhere in the city is effortless.

This is an exceptional chance to invest in a well-maintained building in a coveted area, where the blend of historic charm and modern amenities meets the vibrant energy of New York City.

With Central Park just a short stroll away, residents enjoy easy access to green spaces, trendy cafes, and cultural attractions, making this location highly desirable to tenants, and the enviable foot traffic makes this an ideal location for commercial businesses.

As a buyer, you'll recognize the value-add proposition of this building. With the potential for renovation or expansion, there are significant opportunities to enhance income while increasing property value in a neighborhood that consistently experiences appreciation. The lot holds 18,390 Sf Ft FAR and 11,733 Sq ft in unused FAR. Air rights available. All due diligence should be completed by buyer.

Features

9 Beds

8 Baths

6,650 Sq.Ft. Living Area

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 167 West 72nd Street, New York City, NY 10023. We are reviewing your request and will be in touch shortly!

Features & Amenities

Interior

Total Bedrooms 9
Total Bathrooms 8
Full Bathrooms 7
Half Bathrooms 2
Laundry Room See Remarks
Flooring Hardwood
Fireplace Decorative
Other Interior Features High Ceilings

Exterior

Stories 5

Area & Lot

Status For Sale
LIVING SPACE 6,650 Sq.Ft.
MLS® ID COMP-1687834880686195489
Type Other
Year Built 1910
Neighborhood Upper West Side
Architecture Styles Walk-Up

Financial

SALES PRICE $5,800,000
REAL ESTATE TAXES $112,752/yr
HOA Fees $1,035/mo
Kelly

Kelly Higgins

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Upper West Side

40.7870° N, 73.9754° W

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Work With The Kelly Robinson Team

Known for their attention to detail and collaborative work style, the Kelly Robinson Team works to ensure their clients are expertly represented every step of the way.

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