207 W 79th St
New York, NY 10024
Multifamily Property For Sale
·
24 Units
Investment Highlights
- The property is located 1/2 block to the 79th Street 1 train Subway Station at Broadway.
- The building has a 24 hour doorman.
- Seven-day-a-week market with tremendous and consistent pedestrian traffic nearby.
- There is a gym and bike storage that tenants have access to.
Executive Summary
209 West 79th Street (the "Property") is situated between Broadway and Amsterdam Avenues on the Upper West Side. The Property consists of a ±5,817 square foot retail space on the ground floor of a newly constructed 19-unit luxury boutique condominium building. The Property is located in an R10-A/C1-5 zoning district which permits retail and commercial use groups 5 and 6. Both properties present investors with the opportunity to acquire fully-leased retail assets with leases that are in-line with current market rates in both submarkets, strong tenancy with global franchises and lessee guarantees. Additionally, both condominiums are located within best-inclass luxury buildings constructed by one of Manhattan's preeminent developers. The condominium units may be purchased together as a package and are also available for purchase individually.
Property Facts
Amenities
Unit Amenities
- Eat-in Kitchen
Site Amenities
- 24 Hour Access
- Hearing Impaired Accessible
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | - | - |
