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.
51 West 69th Street, New York, (Upper West Side), NY, 10023
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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