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164-168 W 75th St
New York, NY 10023
AMSTRDM · Multifamily Property For Sale
·
160 Units
Property Facts
| No. Units | 160 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 104,000 SF |
| Property Subtype | Apartment | Average Occupancy | 99% |
| Apartment Style | Hi-Rise | No. Stories | 15 |
| Building Class | C | Year Built | 1922 |
| Zoning | R8B/ C6-7A - APPROXIMATE SIZE Ground Floor: Lower Level: ASKING RENT $50,000 Per Month FRONTAGE 40 FT COMMENTS • Fully equipped kitchen with venting • At the base | ||
| No. Units | 160 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 104,000 SF |
| Average Occupancy | 99% |
| No. Stories | 15 |
| Year Built | 1922 |
| Zoning | R8B/ C6-7A - APPROXIMATE SIZE Ground Floor: Lower Level: ASKING RENT $50,000 Per Month FRONTAGE 40 FT COMMENTS • Fully equipped kitchen with venting • At the base |
Amenities
Unit Amenities
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Elevator
- Maintenance on site
- Online Services
About 164-168 W 75TH ST , NEW YORK, NY 10023
Luxury mixed-use building located just two blocks from Central Park on the Upper West Side, currently generating an in-place NOI of over $2.0 million with 67 apartments leased at over 70% below market rent. The property underwent a gut renovation totaling over $15 million, which included brand new mechanical equipment, cosmetic upgrades to common areas, and extensive apartment renovations. Given the compact apartment sizes which average 344 square feet, the property currently serves as efficient luxury rentals and is an excellent conversion candidate for a transient hotel, extended stay, co-living, or institutional housing. Building amenities include a 24-hour doorman, fitness center, laundry facilities, and package room. The property is located in close proximity to mass transportation (three blocks from the Broadway and 72nd Street station) and is surrounded by world class dining and shopping options.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 51 | - | 250 |
| 1+1 | 97 | - | 400 |
| 2+1 | 9 | - | 650 |
Property Taxes
| Parcel Number | 1146-0061 | Improvements Assessment | $5,947,320 |
| Land Assessment | $1,170,000 | Total Assessment | $7,117,320 |
Property Taxes
