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46 W 87th St

13 Unit Apartment Building $7,800,000 ($600,000/Unit) 5.13% Cap Rate New York, NY 10024

EXECUTIVE SUMMARY

46 West 87th Street is a classic, Romanesque Revival Style townhouse designed by the
architect Charles Buek & Company in 1892. At a premier width of 23', the property is
currently configured as 13 residential units spread across approximately 8,861 square
feet, and roughly 1,800 square feet per floor. Highlights of the property include a
south-facing garden and oversized terrace over the extension, abundant natural light,
and charming original details.
46 West 87th Street is situated in the heart of the Upper West Side on a beautiful tree-
line townhouse block steps from Central Park, excellent schools and restaurants, and
public transportation, providing easy access to all of New York City.

PROPERTY FACTS

Price $7,800,000
Price Per Unit $600,000
Sale Type Investment
Cap Rate 5.13%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 8,861 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910

UNIT AMENITIES

  • Heating
  • Hardwood Floors

SITE AMENITIES

  • Roof Terrace

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
10+5 13 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1200-0152
Land Assessment
$225,000
Improvements Assessment
$759,600
Total Assessment
$984,600

ZONING

Zoning Code R7-2 (Medium-Density Apartment House District with Lower Parking Requirements.)
R7-2 (Medium-Density Apartment House District with Lower Parking Requirements.)
  • Listing ID: 33090542

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 46 W 87th St, New York, NY 10024

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