Beliggende på en af Upper West Sides mest eftertragtede træbeklædte gader mellem Central Park West og Columbus Avenue præsenterer 37 West 71st Street en sjælden mulighed for at erhverve en klassisk Manhattan townhouse lejlighedsbygning med betydelig værdi-tilføjelse og fremtidigt udviklingspotentiale.

Bygget i 1900 og beliggende i det meget eftertragtede Lincoln Square/Upper West Side kvarter, består ejendommen af ti bolig enheder fordelt over cirka 6,234 kvadratfod. Bygningen omfatter i øjeblikket otte frie markedslejligheder, som tilbyder investorer øjeblikkelig driftsmæssig fordel gennem strategiske renoveringer, renovering af lejeaftaler og langsigtet aktiv forvaltning.

Ejendommen ligger på en 19' x 102' grund inden for et R8B zoneringsdistrikt og er i øjeblikket bygget til cirka 3.21 FAR, hvilket efterlader omtrent 1,500+ kvadratfod af yderligere bolig udviklingsrettigheder. Dette overskud af FAR giver fremtidige ejere mulighed for at udforske udvidelsesmuligheder, underlagt gældende godkendelser og due diligence.

Beliggende få øjeblikke fra Central Park, Lincoln Center, Columbus Avenues berømte restaurantkorridor og flere metrolinjer inklusive 1, 2, 3, B, og C togene, drager ejendommen fordel af exceptionelle kvartersfundamentaler og vedvarende efterspørgsel. Ejendommen ligger også i centrum af det hele, hvilket skaber tilgængelighed og yderligere forbedrer dens langsigtede attraktivitet.

Markedet for townhouse på Upper West Side fortsætter med at tiltrække investorer, familie kontorer og udviklere, der søger uerstattelige aktiver med stabil kontantstrøm og indlejret værdiansættelsespotentiale. Med en meget gunstig enhedsmix, betydelig frimarkeds eksponering og fremtidige udviklingsmuligheder repræsenterer 37 West 71st Street en overbevisende mulighed for at erhverve et velplaceret Manhattan multifamilie aktiv i et af New York Citys mest prestigefyldte boligkvarterer.

Located on one of the Upper West Side's most coveted tree-lined blocks between Central Park West and Columbus Avenue, 37 West 71st Street presents a rare opportunity to acquire a classic Manhattan townhouse apartment building with significant value-add and future development potential.

Built in 1900 and situated within the highly desirable Lincoln Square/Upper West Side neighborhood, the property consists of ten residential units across approximately 6,234 square feet. The building currently comprises eight free-market apartments, offering investors immediate operational upside through strategic renovations, rental repositioning, and long-term asset management.

The property sits on a 19' x 102' lot within an R8B zoning district and is currently built to approximately 3.21 FAR, leaving roughly 1,500+ square feet of additional residential development rights. This excess FAR provides future ownership with flexibility to explore expansion opportunities, subject to applicable approvals and due diligence.

Positioned moments from Central Park, Lincoln Center, Columbus Avenue's renowned dining corridor, and multiple subway lines including the 1, 2, 3, B, and C trains, the asset benefits from exceptional neighborhood fundamentals and enduring demand. The property is also located in the center of everything, creating accessibility and further enhancing its long-term desirability.

The Upper West Side townhouse market continues to attract investors, family offices, and developers seeking irreplaceable assets with stable cash flow and embedded appreciation potential. With a highly favorable unit mix, substantial free-market exposure, and future development optionality, 37 West 71st Street represents a compelling opportunity to acquire a well-located Manhattan multifamily asset in one of New York City's most prestigious residential neighborhoods.