HOUSE
Address: ‎37 W 71ST Street #TH
Zip Code: 10023
10 bed, 10 bath
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$5,000,000
ID # RLS20111337
English
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Douglas Elliman Real Estate Office: ‍212-891-7000

$5,000,000 - 37 W 71ST Street #TH, Lincoln Square, NY 10023|ID # RLS20111337

ID #‎ RLS20111337
Details10 bed, 10 bath, washer, dryer, 10 Units in the building, Building has 4 floors
(DOM): 18 days
Construction Year1900
Taxes
(per year)
$116,688
Subway2 min: B, C
5 min: 1, 2, 3
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房屋英文概況 English Description



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.



This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved.

Courtesy of Douglas Elliman Real Estate

公司: ‍212-891-7000




$5,000,000
HOUSE
ID # RLS20111337
‎37 W 71ST Street
New York City, NY 10023
10 bed, 10 bath


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