505 W 183rd Street,New York (Manhattan), NY 10033
New York (Manhattan), NY 10033
Description
Great News for Investors! Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights. 505 West 183rd Street is a 30-unit, 6-story walk-up apartment building offering approximately 21,744 square feet of interior space on a 6,368-square-foot lot. The property is being offered at $1.8 million. Also available is 509 West 183rd Street, a neighboring building of similar size and configuration, also offered at $1.8 million. This presents a rare opportunity for investors to acquire both properties as a package and significantly expand their portfolio in one of Manhattan's most established residential neighborhoods. The buildings are conveniently located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street Station, providing excellent transportation access throughout the city. Opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.
Details
| MLS # | 1017431 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 132 |
| Listing Provided By | MYNY Residential | Yin C. Koh |
Features
| SQ Feet | 21,744 |
|---|---|
| Basement | Y |
| Story(s) | 6 |
| Units | 30 |
| Zoning | R7-2 |
| Acreage | 0.15 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | None |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 85978 |
Area Information
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10033 |
| Listing VS Median (in 10033) | |
Price: $1,800,000 low | high Med: $659,000 sqft: 21,744 low | high Med: 848 $ / sqft: $83 low | high Med: $776 On site: 132 low | high Med: 95 | |
Market Activity 10033
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Learn More About This Property
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10033 |
| Listing VS Median (in 10033) | |
Price: $1,800,000 low | high Med: $659,000 sqft: 21,744 low | high Med: 848 $ / sqft: $83 low | high Med: $776 On site: 132 low | high Med: 95 | |
