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306 W 78th St
New York, NY 10024
Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
Originally built in 1895 by architect J.W. Davison, 306 West 78th Street is the third in a series of four townhouses designed in the Renaissance Revival style. The 18-foot-wide property comprises a modern, light-filled, and spacious owner’s duplex, plus seven additional rental units. The home offers approximately 5,648 square feet of interior space.
306 West 78th Street provides exceptional flexibility and optionality, given the building’s strong rent roll and a renovated owner’s unit of with generous outdoor space. The property is ideal for conversion to a single-family residence, use by a live-in owner seeking to offset expenses with rental income, or acquisition by an investor completing a tax-free exchange.
Located on a picturesque tree-lined block just steps from Riverside Park, 306 West 78th Street is close to top Manhattan schools, acclaimed restaurants, vibrant retail, and premier cultural institutions—capturing the essence of Upper West Side living.
306 West 78th Street provides exceptional flexibility and optionality, given the building’s strong rent roll and a renovated owner’s unit of with generous outdoor space. The property is ideal for conversion to a single-family residence, use by a live-in owner seeking to offset expenses with rental income, or acquisition by an investor completing a tax-free exchange.
Located on a picturesque tree-lined block just steps from Riverside Park, 306 West 78th Street is close to top Manhattan schools, acclaimed restaurants, vibrant retail, and premier cultural institutions—capturing the essence of Upper West Side living.
PROPERTY FACTS
| Price Per Unit | $1,055,743 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 8 | Building Size | 5,750 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1910/1999 |
| Zoning | R8B | ||
| Price Per Unit | $1,055,743 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,750 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1910/1999 |
| Zoning | R8B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 1186-0035 | Improvements Assessment | $878,197 CAD |
| Land Assessment | $292,265 CAD | Total Assessment | $1,170,462 CAD |
PROPERTY TAXES
Parcel Number
1186-0035
Land Assessment
$292,265 CAD
Improvements Assessment
$878,197 CAD
Total Assessment
$1,170,462 CAD
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