123 West 92nd Street, New York City, NY 10025
$5,500,000
123 West 92nd Street
123 West 92nd Street

123 West 92nd Street

Built in the early 20th century, this wonderful multi-residential brownstone is superbly positioned in the heart of the Upper West Side on a beautiful townhouse block, only one block from Central Park. The impressive scale of the house is showcased by its 19-foot width, five stories, 6,600 SF of interior space, multiple outdoor spaces and fabulous natural light the oversized windows draw in throughout. The houses brownstone faade has been beautifully preserved and is surrounded by gorgeous prewar townhouses. The building is currently divided into 7 incredibly well-maintained one- and two-bedroom apartments that each offer unique details such as wood-burning fireplaces, exposed brick, oversized windows, outdoor space and exceptionally high ceilings. The house is fully rented with free market leases and excellent, financially secure tenants. With a strong rent roll, zero vacancy rate, very reasonable expenses, this house is a turn-key investment property with a very strong return. Alternatively, it can be reconfigured as a single-family home or live/work or a large owners home with income-producing units. With a great location, a fantastic history with old-world detail, well-proportioned and lovely, desirable apartments and a very attractive financial profile, this is an incredible opportunity! The house can be delivered fully vacant if desired. Rent Roll $270K-$315K.
  • Sold

Features & Amenities

Financial

  • SALES PRICE $5,500,000
Explore the Area

Upper West Side

VIEW NEIGHBORHOOD

Work With Us

Our team is skilled in providing extensive analysis in a sophisticated and complex real estate market. From understanding net profit, capital gains, to detailed comparable evaluations, we offer the knowledge, data and information our clients need to be competitive.

Follow Us on Instagram