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Presented by
Adam Krebuszewski
Susan Forrest-Reynolds |
**Prime Multifamily Opportunity on the Upper West Side**
18 West 69th Street is a classic pre-war multifamily building located just half a block from Central Park on one of the Upper West Side's most picturesque, landmarked blocks. Surrounded by low-rise, landmark-protected townhouses, the building enjoys exceptional natural light and a rare sense of air and openness in the heart of Manhattan.
This 12-unit, free-market property features a well-balanced mix of studios, one-, two-, and three-bedroom layouts across approximately 8, 785 square feet. Each unit offers a unique layout, as shown in the floorplans, enhancing long-term rental appeal and upside.
Built in 1926, the building retains its original architectural charm and features a classic freight elevator and a penthouse unit with a private roof deck. Nearly all units are primed for repositioning, and there is notable potential to convert the ground floor units into duplexes - maximizing value and layout efficiency.
Lot size: 25 x 100. 42 ft
Zoning: R8B
Configuration: All-residential, free market
Condition: Mixed - most units are ready for renovation or upgrades
Ideally situated near Lincoln Center, Central Park, and the 1/2/3 subway lines, 18 West 69th represents a rare value-add investment opportunity in one of Manhattan's most prestigious and tightly held neighborhoods.
For full setup sheet, rent roll, or to schedule a private tour, please contact.
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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Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$11,500,000
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 | $9,200,000 | $9,200,000 | $9,200,000 |
| 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 | $11,104 | $11,104 | $11,104 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,803 | $55,159 | $76,398 |
| Total Monthly Payment | $62,032 | $66,388 | $87,627 |
* 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.