30 West 96th Street — Sale in New York, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: New York, NY 10025

Photos

30 West 96th Street — Sale in New York, NY, photo 1 of 2
30 West 96th Street — Sale in New York, NY, photo 2 of 2

Investment Figures

Cap rate
5.65%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is the exclusive sales broker for 30 West 96th Street (“Property”), a four-story walk-up apartment building located on the Upper West Side. The Property presents an opportunity for an investor to acquire a fully free-market multifamily asset with immediate operational flexibility and strong long-term upside. The Property’s unit mix is comprised of eight one-bedroom apartments and one studio apartment and is 100 percent free-market. The rent roll provides stable income with meaningful upside through continued rent growth and active management. The Property is located within an R9 zoning district and contains approximately 8,812 square feet of unused development rights. The Property is located near Central Park and benefits from strong neighborhood demand, convenient transportation access, and proximity to the Upper West Side’s established retail and dining corridors. Investment Highlights: • 9 Apartments • 100% Free-Market • Room for Growth in Existing Rents • Strong Upper West Side Location

Market Context

This multifamily in New York, NY is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in New York, NY — view the full market.

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