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West 86th Street, New York, NY 10024

GW
NY 10401353795
5 Boro Realty Corp
Listed by 5 Boro Realty Corp
$8,000,000
56 days on market
Updated 52 days ago

West 86th Street

Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Office
Square Footage 7,300
Units 10
Class C
Year Built 1900
Buildings 1
Lot Size (SqFt) 2,178
Zoning R10A
Ground Lease No

10-Unit Free-Market Pre-War | Upper West Side, Manhattan

Marketing description

This property is a five-story, ten-unit free-market converted dwelling on one of the Upper West Side's most consistently demanded blocks, a tree-lined corridor between Riverside Park and Central Park, within the Riverside, West End Historic District Extension I. The building is 100% free market with zero regulated tenancies and has demonstrated measurable rent growth under current ownership, with monthly income rising from $37,085 to $40,037 since acquisition in January 2026, a trailing gain of +7.96%.

Offered at $8,000,000 free and clear. The ten units average 712 square feet and include a studio, seven one-bedrooms, one one-bedroom with garden, and one one-bedroom with private terrace, all occupied on active leases. The building's pre-war masonry construction (1900) provides architectural permanence.

A single-address, ten-tenancy, all-free-market asset on an Upper West Side trophy block with proven pricing power, no regulatory overhang, and a long-dated development option embedded beneath in-place cash flow.

Complete rent roll, operating statement, and NDA available upon request.

Investment highlights

100% Free Market — Ten unregulated units, full pricing power, zero rent stabilization

Proven Rent Growth — Monthly roll up $2,952 (+7.96%) since January 2026 acquisition; annualized at $480,444

Upper West Side Trophy Location — Tree-lined block between Riverside Park and Central Park, inside Riverside–West End Historic District

Pre-War Asset — 1900 masonry construction; Historic District designation provides permanent architectural protection

Transit-Rich — 1 train at 86th St (3 blocks); B/C trains at Central Park West

Development Optionality — R10A density represents a long-dated call option on underlying site value, subject to LPC approvals

Listing Contacts

GW
NY 10401353795
5 Boro Realty Corp
Listed by 5 Boro Realty Corp

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Zoning

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R10A ResidentialSingle FamilyGeneral Residence
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Gabrielle Winters
License
10401353795
Brokerage
5 Boro Realty Corp
Brokerage Phone
917-763-0331
Title
Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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