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Presented by
Adam Krebuszewski
Susan Forrest-Reynolds |
51 West 69th Street is a rare pre-war, 20-unit multifamily building perfectly positioned just half a block from Central Park on one of the Upper West Side's most desirable, landmarked townhouse blocks. The property includes 6 rent-stabilized units, 1 rent-controlled unit, and 13 free-market apartments, offering both stable in-place income and significant upside potential.
Built in 1910, the building features an elevator and on-site laundry generating additional income. Most units remain in non-renovated condition, providing a unique opportunity to reposition and capture future rent growth. With a gross building area of 13, 557 square feet on a 45' x 100. 42' lot, this asset is primed for long-term investors looking for scale in one of Manhattan's most sought-after neighborhoods.
Lot size: 45 x 100. 42 ft
Zoning: R8B
Configuration: All-residential
Condition: Non-renovated, value-add opportunity
Features: Elevator, income-producing laundry
Steps from Lincoln Center, Central Park, and major transit, 51 West 69th represents a compelling multifamily investment with immediate and long-term upside.
For full setup sheet, rent roll, or to schedule a private tour, please contact the exclusive listing agent.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$16,000,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 716.289.8313
Adam.Kreb@raveis.com
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 917.957.6840
sf.reynolds@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $12,800,000 | $12,800,000 | $12,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $13,430 | $13,430 | $13,430 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $70,682 | $76,742 | $106,292 |
| Total Monthly Payment | $84,237 | $90,297 | $119,847 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.