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489 West End Ave 5 Unit Apartment Building $5,750,000 ($1,150,000/Unit) New York, NY 10024
INVESTMENT HIGHLIGHTS
- Private Rear Garden
- Close proximity to Riverside
EXECUTIVE SUMMARY
489 West End Avenue is a Flemish Revival-style townhouse designed by architects Lamb & Rich and constructed in 1892. This property presents an opportunity to own a turnkey historic, income-producing townhouse in the heart of the Upper West Side. Currently configured as a five-unit multi-family residence, this stately property is in excellent condition and offers immediate investment value with all units occupied and generating consistent rental income, as well as flexibility for live-with-income use or eventual conversion to a single-family home.
Spanning five stories plus a cellar, this elegant, turn-of-the-century townhouse showcases timeless architectural details and gracious proportions. Each of the five rental apartments is thoughtfully laid out, offering generous living space, ample natural light, in-unit laundry, and private outdoor access in two of the units.
Positioned on a wide, tree-lined avenue and surrounded by landmarked townhouses and historic prewar buildings, 489 West End Avenue is nestled in one of the most tranquil and sought-after pockets of the Upper West Side. The building's orientation ensures an abundance of natural light throughout the day, and its location provides unparalleled access to Riverside Park, top-tier schools, and the cultural offerings of Lincoln Center, the American Museum of Natural History, and more.
Spanning five stories plus a cellar, this elegant, turn-of-the-century townhouse showcases timeless architectural details and gracious proportions. Each of the five rental apartments is thoughtfully laid out, offering generous living space, ample natural light, in-unit laundry, and private outdoor access in two of the units.
Positioned on a wide, tree-lined avenue and surrounded by landmarked townhouses and historic prewar buildings, 489 West End Avenue is nestled in one of the most tranquil and sought-after pockets of the Upper West Side. The building's orientation ensures an abundance of natural light throughout the day, and its location provides unparalleled access to Riverside Park, top-tier schools, and the cultural offerings of Lincoln Center, the American Museum of Natural History, and more.
PROPERTY FACTS
| Price | $5,750,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,150,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 5 | Building Size | 7,764 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/1989 |
| Zoning | R10A | ||
| Price | $5,750,000 |
| Price Per Unit | $1,150,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 7,764 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1910/1989 |
| Zoning | R10A |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Smoke Free
- Elevator
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 5 | - | 882 |
1 1
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 1245-0074 | Improvements Assessment | $622,451 |
| Land Assessment | $289,285 | Total Assessment | $911,736 |
PROPERTY TAXES
Parcel Number
1245-0074
Land Assessment
$289,285
Improvements Assessment
$622,451
Total Assessment
$911,736
(212) 371-8200
x44
CONTACTS
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Richard Pretsfelder -
Sophie Smadbeck -
Morgan Garofalo -
Leslie J. Garfield & Company
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489 West End Ave
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