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46 W 87th St 13 Unit Apartment Building $10,818,380 CAD ($832,183 CAD/Unit) New York, NY 10024
INVESTMENT HIGHLIGHTS
- Private outdoor spaces – select units command premium rents
- Consistent occupancy history – proven track record of stability
- Neighborhood amenities – near Museum of Natural History, dining, shopping, cultural destinations
- Efficient layouts – strong tenant appeal and long-term retention
- Future rental upside – opportunity for growth beyond in-place income
- Convenient transit access – seamless connectivity throughout NYC
EXECUTIVE SUMMARY
46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park. The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units. Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city. This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan’s most iconic and resilient neighborhoods.
Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city. This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan’s most iconic and resilient neighborhoods.
PROPERTY FACTS
| Price | $10,818,380 CAD | Building Class | C |
| Price Per Unit | $832,183 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 8,861 SF |
| No. Units | 13 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Mid-Rise | ||
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| Price | $10,818,380 CAD |
| Price Per Unit | $832,183 CAD |
| Sale Type | Investment |
| 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 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 1200-0152 | Improvements Assessment | $1,101,483 CAD |
| Land Assessment | $313,920 CAD | Total Assessment | $1,415,403 CAD |
PROPERTY TAXES
Parcel Number
1200-0152
Land Assessment
$313,920 CAD
Improvements Assessment
$1,101,483 CAD
Total Assessment
$1,415,403 CAD
CONTACTS
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Dominique Florio -
Beatriz Moitinho -
Carlos Jacinto -
Lauren Santaniello -
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46 W 87th St
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