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Investment Highlights

  • Strategic Corner Position
  • Premium Tenant Mix
  • Unrivaled Transit Connectivity
  • Iconic Anchor Tenancy
  • Immediate Value-Add Potential

Executive Summary

Avison Young, as exclusive agent, is pleased to present the opportunity to acquire a ground- floor retail cooperative unit at the base of 541 Amsterdam Avenue (the “Unit”). Located in the heart of Manhattan’s Upper West Side, a historic neighborhood synonymous with luxury living, the Unit is situated along the east side of Amsterdam Avenue between West 86th and West 87th Streets. Amsterdam Avenue serves as one of the neighborhood’s most reliable retail corridors, supported by a dense residential population and consistent foot traffic from locals, schools, and visitors.

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Property Facts

Price $4,000,000
Price Per Unit $1,333,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.28 AC
Building Size 4,898 SF
No. Stories 1
Year Built 1918
Zoning C1-9

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Tub/Shower
  • Dining Room
  • Double Pane Windows

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Doorman
  • Vintage Building
  • Bicycle Storage
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 40 - -
1+1 46 - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
1217-0064
Land Assessment
$2,529,000
Improvements Assessment
$9,190,460
Total Assessment
$11,719,460
  • Listing ID: 39875598

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 176 W 87th St, New York, NY 10024

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