46 West 87th Street
Upper West Side | Central Park West & Columbus Avenue
Ownership
Income Property
Lot Size
23'x100'7"
Floors/Apts
40/13
Status
Active
Real Estate Taxes
[Per Annum]
$ 126,804
Building Type
Townhouse
Building Size
23' wide
Year Built
1892
ASF/ASM
8,861/823
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.
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.
Listing Courtesy of Serhant LLC
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Apartment Features
A/C
View / Exposure
City Views
South Exposure
Building Details [46 West 87th Street]
Ownership
Income Property
Service Level
Voice Intercom
Access
Walk-up
Block/Lot
1200/152
Building Size
23' wide
Zoning
R7-2
Building Type
Townhouse
Year Built
1892
Floors/Apts
40/13
Lot Size
23'x100'7"
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Fair Housing
