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509 W 183rd St
New York, NY 10033
Multifamily Property For Sale
·
30 Units
Executive Summary
Great News for Investors!
Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights.
509 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 $2.3 million.
Also available is 505 West 183rd Street, a neighboring building of similar size and configuration, also offered at $2.3 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.
Ideally located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street subway station, these properties offer excellent accessibility and convenience for tenants.
With strong long-term upside potential and a prime Washington Heights location, opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.
Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights.
509 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 $2.3 million.
Also available is 505 West 183rd Street, a neighboring building of similar size and configuration, also offered at $2.3 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.
Ideally located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street subway station, these properties offer excellent accessibility and convenience for tenants.
With strong long-term upside potential and a prime Washington Heights location, opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.
Property Facts
| Price Per Unit | $107,984 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 30 | Building Size | 21,740 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. | ||
| Price Per Unit | $107,984 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 21,740 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | - |
Property Taxes
| Parcel Number | 2155-0098 | Improvements Assessment | $905,856 CAD |
| Land Assessment | $72,889 CAD | Total Assessment | $978,746 CAD |
Property Taxes
Parcel Number
2155-0098
Land Assessment
$72,889 CAD
Improvements Assessment
$905,856 CAD
Total Assessment
$978,746 CAD
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