54 West 71st St - Multifamily Investment
10-Unit Multifamily Investment Opportunity
The Corcoran Group is pleased to exclusively offer for sale 54 West 71st Street, a 10-unit multifamily building located on Manhattan’s iconic Upper West Side neighborhood of New York City. Seven of the ten apartments are free market while the remaining three units are rent regulated.
The 20’ foot wide building spans over 6,600 square feet with each of the five floors above the cellar containing two apartments. The seven free market apartments have had extensive renovations with two of these apartments having large south-facing sun-drenched terraces.
The apartments are generally filled with ample natural light and occupants enjoy high ceilings. Five of the free market apartments have highly coveted in-unit washers and dryers. The building’s façade has been beautifully restored and repaired.
The property is currently fully occupied. The pro forma gross potential rent for the apartments is approximately $393,000.
Exterior & Common Areas
Units
