Upper Manhattan Three Building Portfolio
Multifamily | 78 Units | $82,692/unit
Marketing description
GFI Realty Services is pleased to present the exclusive offering of the Upper Manhattan Portfolio, comprising three strategically located properties at 83 Post Avenue, 54 Vermilyea Avenue and 564 West 189th Street, in Washington Heights and Inwood, featuring 78 rent stabilized residential units and 2 commercial spaces totaling 56,477 square feet. There are approximately $100K in preferential rents that can be captured. These properties are situated within close proximity to multiple parks such as Inwood Hill Park and Isham Park, as well as Yeshiva University, the Broadway retail corridor, and accessible to the 1 subway line, making this portfolio an attractive investment opportunity in a vibrant, well-connected neighborhood.
Investment highlights
Three-property portfolio in Washington Heights & Inwood
Addresses: 83 Post Ave, 54 Vermilyea Ave & 564 W 189th St
78 rent-stabilized residential units + 2 commercial spaces
Totaling 56,477 SF of residential and commercial space
Approx. $100K in preferential rent recapture potential
Near Inwood Hill Park, Isham Park, Yeshiva University & Broadway retail corridor
Close to the 1 subway line, offering strong connectivity
Located in a vibrant, high-demand Upper Manhattan submarket
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