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Listing Courtesy of Serhant
$7,750,000
Est. payment /mo
13 Beds
13 Baths
New
46 W 87TH Street Manhattan, NY 10024
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Upper West Side
MLS Listing ID RLS20047823
Bedrooms 13
HOA Y/N No
Year Built 1910
Annual Tax Amount $126,804
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County New York
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Other
Fireplaces Number 1
Fireplaces Type Decorative
Fireplace Yes
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N Yes
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $10, 567
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by New York (LondonFosterNY.com)
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