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505 W 183rd St, New York, NY, 10033

60beds
30baths
21,744sqft
$1,800,000
$83price/sqft
$14,024/moest. monthly cost
$560,960/yrincome needed

About This Home

Great News for Investors! Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights. 505 West 183rd Street is a 30-unit, 6-story walk-up apartment building offering approximately 21,744 square feet of interior space on a 6,368-square-foot lot. The property is being offered at $1.8 million. Also available is 509 West 183rd Street, a neighboring building of similar size and configuration, also offered at $1.8 million. This presents a rare opportunity for investors to acquire both properties as a package and significantly expand their portfolio in one of Manhattan's most established residential neighborhoods. The buildings are conveniently located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street Station, providing excellent transportation access throughout the city. Opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.

Getting Around

82
WalkingVery Walkable
100
TransitRider's Paradise
74
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1913

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 60
  • Bathrooms: 30
  • Full bathrooms: 30

Interior Area

  • Total structure area: 21,744
  • Total interior livable area: 21,744 sqft

Property

Details

  • Special condition: Resale