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213 W 85th St
New York, NY 10024
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.05 AC
Building Size 10,500 SF
No. Stories 6
Year Built/Renovated 1910/2005
Zoning R8B - R8B Zoning is considered “high density” residential zoning. It typically has multifamily buildings that are often 6 or 7 stories.

Amenities

Unit Amenities

  • Dishwasher
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances
  • Pantry

Site Amenities

  • Laundry Facilities
  • Sauna
  • Video Patrol
  • Storage Space

About 213 W 85TH ST , NEW YORK, NY 10024

JLL has been retained on an exclusive basis to arrange for the sale of 213 West 85th Street, a 20’ wide turn-key elevatored apartment house located on the north side of West 85th Street between Amsterdam Avenue and Broadway. The building consists of 6 apartments and a large basement that formerly contained a stand alone apartment. The first floor contains a studio and one-bedroom, while the upper floors each contain a floor-through three-bedroom apartment. Floors 2-5 contain a keyed elevator entrance directly into the unit and all units have recently undergone a gut re e luxury finishes inclusive of individual HVAC systems and stainless steel appliances. Purchasers will have an opportunity to reposition the approx. 328 SF former apartment and 200 SF of storage space located in the basement to derive additional income. In addition, there should be excess upside on the apartment rents due to their unique level of finish and size. 213 West 85th Street has been meticulously maintained in a condition that transcends the quality of the surrounding supply. The property will appeal to an array of purchasers looking to acquire a turn-key asset with significant in-place cash flow and a low tax basis. The property will be sold on an as-is where-is basis.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 500
1+1 1 - 775
3+2 4 - 1,358

Property Taxes

Property Taxes

Parcel Number
1233-0023
Land Assessment
$143,154
Improvements Assessment
$457,609
Total Assessment
$600,763
  • Listing ID: 14028325

  • Date on Market: 10/10/2018

  • Last Updated:

  • Address: 213 W 85th St, New York, NY 10024

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