119 W 81ST Street, New York, NY 10024

$3,500,000

119 West 81st Street - Upper West Side Townhouse Investment Opportunity A rare opportunity to acquire a beautifully maintained, 10-unit circa-1885 townhouse on a coveted tree-lined block in the heart of the Upper West Side. This classic brownstone can be delivered approximately 40% vacant and spans 5 finished floors… Read More plus an unfinished basement, offering exceptional flexibility for both end-users and investors. Located just moments from American Museum of Natural History and Central Park, and within the sought-after Upper West Side/Central Park West Historic District, the property enjoys picturesque views of surrounding historic townhouses and an unbeatable neighborhood setting. Measuring 17' x 68' on a generous 102' lot, the building encompasses approximately 5,000 interior square feet plus an additional 685 square feet of exterior space. The current configuration includes 3 one-bedroom apartments and 6 studios, with a flexible layout that allows for reconfiguration-including the potential to combine the fourth-floor units. The 900 Square Foot owner's garden-level residence is a spacious floor through unit created by combining two apartments. Held by the same family for nearly 50 years, the property features a mix of free-market and rent-stabilized units, making it ideal for a live-plus-income buyer or a strategic long-term investment. Key Features: Elegant entry lobby and well-maintained common areas, exposed brick walls, hardwood floors, multiple decorative fireplaces, Ceiling heights ranging from 7'10 to 11'4, Sprinkler system in place, Expansive private garden with decked terrace, plus an additional fourth-floor terrace & approximately 1,970 square feet of unused air rights. The building falls under Tax Class 2B While the apartments have not been recently renovated, this presents a significant value-add opportunity for the next owner to modernize and maximize income potential. Perfectly positioned near the best of the Upper West Side, including dining, shopping, and cultural institutions along Columbus and Amsterdam Avenues, the property is also conveniently located near the B/C trains at 81st Street and Central Park West, as well as the 1 train at 79th Street and Broadway, not to mention the Crosstown Bus at 81st & Columbus. A true Old World gem with tremendous upside in one of Manhattan's most desirable neighborhoods. Read Less

Listing Courtesy of: Ronen Agadi, Corcoran Group

Listing Snapshot

Days Online

Last Updated

Apr 29, 2026

Property Type

MultiFamily

Beds

Full Baths

Square Ft.

4,978

Lot Size

0.04 Acres

Year Built

1885

MLS Number

RLS20086676

30 Days Snapshot Of 10024

$3.36M

-6%

(avg) sold price

-17%

homes sold

Snapshot

Area Map

Additional Details

Basement

Basement YN: t

Building

Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 13, Structure Type: Townhouse

Exterior Features

Patio And Porch Features: Deck, Terrace

Interior Features

Interior Features: HighCeilings, SmokeFree

Lot

Parcel Number: 1212-0026

Property

Property Sub Type: MultiFamily, View: Other

Taxes

Tax Annual Amount: $72,396, Tax Block: 01212, Tax Lot: 0026

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119 W 81ST Street

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