Upper Manhattan Portfolio

Portfolio feature image
83 Post Ave, New York, NY 10034, USA
54 Vermilyea Ave, New York, NY 10034, USA
564 W 189th St, New York, NY 10040, USA
Created date: August 10, 2026
Date last updated: September 25, 2026

Investment Highlights

  • Portfolio of three strategically located properties: 83 Post Avenue, 54 Vermilyea Avenue, and 564 West 189th Street
  • Prime Upper Manhattan locations in Washington Heights and Inwood
  • 78 rent-stabilized residential units plus 2 commercial spaces
  • 56,477 total square feet
  • Approximately $90K in preferential rents available to be captured, offering near-term upside
  • Close proximity to major green space, including Inwood Hill Park and Isham Park
  • Adjacent to Yeshiva University and the Broadway retail corridor
  • Convenient access to the 1 subway line
  • Well-connected, vibrant neighborhood with strong tenant demand

Portfolio Description

GFI Realty Services is pleased to present the exclusive offering of the Upper Manhattan Portfolio, comprising three strategically located properties at 83 Post Avenue, 54 Vermilyea Avenue and 564 West 189th Street, in Washington Heights and Inwood, featuring 78 rent stabilized residential units and 2 commercial spaces totaling 56,477 square feet. There are approximately $90K in preferential rents that can be captured. These properties are situated within close proximity to multiple parks such as Inwood Hill Park and Isham Park, as well as Yeshiva University, the Broadway retail corridor, and accessible to the 1 subway line, making this portfolio an attractive investment opportunity in a vibrant, well-connected neighborhood.

Portfolio Key Information

Listing Status: Unavailable
Price: $ 5,750,000
No. of Units: 78
Cap Rate: 10.5%
GRM /GIM: 4.2
Opportunity Zone: No
Price per unit: $73,718
Address: 83 Post Ave, New York, NY 10034, USA
Address: 54 Vermilyea Ave, New York, NY 10034, USA
Address: 564 W 189th St, New York, NY 10040, USA

Additional contacts

Full name Phone number Email address
Traci-Lea Dixon 2128374665 [email protected]

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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