Active
167 W 72nd Street
New York City NY, 10023
$4,950,000
$744.36 per sqft
Active
9 Beds
8 Baths
6,650 sqft
Residential
Built in 1910
Introducing a rare opportunity to own a prime piece of New York City real estate in the heart of the Upper West Side. Situated at 167 West 72nd Street, this historic building, built in 1884, is steeped in charm and character, while its mix of residential units and commercial space offers a unique investment potential.
Boasting an impressive facade and classic architectural details, the property features seven residential apartments, which are a blend of fair market and rent stabilized, and two commercial units.
This property offers a strategic location that is poised for growth, surrounded by an impressive mix of residential, commercial, and cultural attractions that epitomize the desirability of the Upper West Side. Conveniently positioned near multiple subway lines and bus routes, commuting anywhere in the city is effortless.
This is an exceptional chance to invest in a well-maintained building in a coveted area, where the blend of historic charm and modern amenities meets the vibrant energy of New York City.
With Central Park just a short stroll away, residents enjoy easy access to green spaces, trendy cafes, and cultural attractions, making this location highly desirable to tenants, and the enviable foot traffic makes this an ideal location for commercial businesses.
As a buyer, you'll recognize the value-add proposition of this building. With the potential for renovation or expansion, there are significant opportunities to enhance income while increasing property value in a neighborhood that consistently experiences appreciation. The lot holds 18,390 Sf Ft FAR and 11,733 Sq ft in unused FAR. Air rights available. All due diligence should be completed by buyer.
RLS11016906
MLSⓇ ID
October 21, 2024
Listed
January 16, 2025
Updated
Map
167 W 72nd Street
New York City NY, 10023
Interior Features
Total Stories
5
Bedrooms
9
Total Bathrooms
8
Full Bathrooms
7
Half Bathrooms
2
Interior Features
High Ceilings
Laundry Description
See Remarks
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
Decorative
Cooling
No
Heating
No
Exterior/Building Features
Architectual Style
Walk-Up
Other Property Details
Taxes
$112,752
Tax Frequency
Annually
HOA
$1,035
HOA Frequency
Monthly
Garage
No
View
No
County
NewYork
Pool
No
Listed by Kelly Higgins with Compass
Listing Contact: (646) 609-9890
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 1/16/2025 at 7:07 AM UTC