- Apartment Buildings

Address: 323 W 80th St, 323 W 80th St, New York, US

New York & Tri-State + Apartments

Created date: September 20, 2023

Date last updated: September 20, 2023

Property Description

Cushman & Wakefield has been exclusively retained to arrange the sale of 323 West 80th Street. The 43’ × 44’ trophy asset sits on the corner of West 80th Street and Riverside Drive just steps away from Riverside Park. 323 West 80th Street is a 6-story, 9,768-square-foot elevator building, located on a tree-lined residential block in the heart of the Upper West Side. The property contains 9 residential units, including an owner’s duplex that spans the 2nd and 3rd floors. The property comes equipped with a private single car garage, an elevator, and a beautiful roof deck spanning the entire footprint of the property. 6 of the 9 units are statutorily free market and the remaining 3 units are rent stabilized. The expectation is to deliver the property free and clear of any rent regulated tenants upon the execution of a purchase and sale agreement. As a result of the property’s unique features it provides future ownership with a number of potential investment strategies to considering including User + Income, Single-Family Conversion, and a value-add multi-family opportunity.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments
No. of Units:	10
Building Size:	11,568 Sq ft
Lot Size:	1,950.00 Sq ft
No. of Stories:	6
Opportunity Zone:	No