505 W 183rd Street, New York (Manhattan), NY 10033
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
6
$2,300,000
Home Details for 505 W 183rd Street
Price
$2,300,000
Type
Commercial Sale
Year built
1913
Lot size acres
0.1462
County
New York (Manhattan)
Basement
Full, Storage Space
MLS Listing#
1017431
Property 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 $2.3 million.
Also available is 509 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.
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.