Per the purchase and sale agreement, this transaction has a 45 day closing period. The purchaser has the option to give written notice to the seller at least 5 days before the scheduled closing to exercise an additional 15 day extension for a 60 day total closing period. No credit card deposits will be accepted. Please select wire transfer or bid agreement. Property tours are available by appointment ONLY. Please contact Barrett Friedman at 212-944-4760 or bfriedman@mhpnyc.com, or Alex Smith at 212-763-3565 or asmith@mhpnyc.com.
Investment Highlights 10,500 SF five-story (+ "English Basement") elevator townhouse with six apartments Property is currently 100% leased at an average of $59/PSF All six units on short term leases expiring in 2017 and 2018 Opportunity for condo conversion or single family townhouse conversion Value add rental potential by expanding first floor units into lower level English Basement (includes windows, light, air, & dedicated entrance) currently used as storage Not restricted by any Landmark Historic District designation Investment Overview 213 West 85th Street is a prime 5-story, 6-unit, elevator townhouse located in the Upper Westside of New York, NY. It contains one Studio, one 1BR/1BA, and four 3BR/2BA units. The upper four units have direct access to the keyed elevator, which opens up directly into the units. 213 West 85th Street is located on the north side of 85th, between Amsterdam Avenue and Broadway, within the R8B zoning district of Manhattan Community District 7. It is currently being operated as a rental apartment building. The property boasts 10' ceilings throughout, with 12' ceilings on floors one and five. There is an "English Basement" lower level with a
