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.… Read More 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. Read Less
Listing Courtesy of: Beatriz Moitinho, Serhant
Listing Snapshot
Days Online
25
Last Updated
Property Type
MultiFamily
Beds
13
Full Baths
13
Square Ft.
1,978
Lot Size
0.05 Acres
Year Built
1910
MLS Number
RLS20047823
30 Days Snapshot Of 10024
$1.82M
-2%
(avg) sold price
38
-2%
homes sold
160
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement YN: t
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 18, Structure Type: Townhouse
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by Coldwell Banker Warburg. If you have any questions regarding the accuracy of this data, please contact us at [email protected]. Data updated:
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