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23 W 69th St
New York, NY 10023
Multifamily Property For Sale · 5 Units

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EXECUTIVE SUMMARY

Built circa 1892 by the well-regarded architect, Gilbert A. Schellenger, 23 West 69th Street is a grand, 20’ wide multi-residential townhome on Manhattan’s Upper West Side. Superbly located on a Central Park block near Sheep’s Meadow and Tavern on the Green, it’s prime location within the Upper West Side-Central Park West Historic District. It is also uniquely positioned amidst the cultural epicenter of the city, a few blocks from Lincoln Center, The Met Opera, Juilliard, LaGuardia High School for the Performing Arts, Fordham University, Columbus Circle including Jazz at Lincoln Center and all the best of the Upper West Side. The superb location is quiet and picturesque, and surrounded by beautiful townhomes and architecturally elegant, prewar apartment buildings on one of the prettiest tree-lined blocks in the city. Built in the Renaissance Revival style, this classic townhome’s scale is showcased by its 20’ width, 6,500 square feet, and 5 stories + cellar.
Currently configured as a 5-unit multi-family income producing building, it also can be reconfigured as a grand 7-story single-family home with DOB approved plans that includes six bedrooms, a garden roof deck, finished spa basement with pool, and a rear wall of glass.
In its current configuration, distinct features include private outdoor space associated with three of the five apartments, five decorative fireplaces, and a commercial-grade elevator. Surrounded by low landmark-protected townhouses, the home is filled with abundant natural light.
As a rental property, the house has a strong rent roll and low vacancy rate with its prime location. Alternatively, it can be reconfigured as a live/work home, or a large owner’s home with income-producing units. With a lovely, tranquil, and picturesque prime location, five well-proportioned and desirable duplex, and triplex apartments, this is an incredible opportunity.

PROPERTY FACTS

Price Per Unit $2,551,020 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,469 SF
Average Occupancy 80%
No. Stories 5
Year Built 1900
Zoning R*B

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - 957 - 1,008
1+2 1 - 1,634
2+2 2 - 1,173
  • Listing ID: 31782870

  • Date on Market: 2024-05-13

  • Last Updated:

  • Address: 23 W 69th St, New York, NY 10023

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