311 W 78th Street Active

Manhattan,NY 10024

$ 3680000

6 Beds

6 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Upper West Side

MLS Listing ID RLS20038310

Style Walk-Up

Bedrooms 6

HOA Y/N Yes

Year Built 1900

Annual Tax Amount $73,224

Property Sub-Type Multi Family

Property Description

Cash Buyers Only – 5-Unit Limestone with Vacancies & Upside

Ideal for an end-user seeking a home with income or an investor looking for long-term upside.

311 West 78th Street is an 18-foot-wide Renaissance Revival limestone with approx. 5,000 SF across five stories, located just off Riverside Park between West End Avenue and Riverside Drive.

The property is configured as five residential units: three stabilized (Owner's Duplex, 4th Floor front studio, and 5th Floor studio) and two free market (3rd Floor one-bedroom and 4th Floor rear studio). The Owner's Duplex and the 4th Floor front studio will be delivered vacant. The 3rd Floor one-bedroom is free market and rented at $6,000/month. The 5th Floor stabilized studio remains occupied.

Owner's Duplex (Garden & Parlor): Skylit kitchen/dining, 31' x 19' garden, 11' ceilings, original plaster details, and working fireplaces. Delivered vacant.

3rd Floor (Unit 2 – Free Market): One-bedroom with 10' ceilings, laundry, and working fireplace. Rented at $6,000/month.

4th Floor: Rear studio (free market, terrace, exposed brick, washer/dryer). Front studio (stabilized). Front delivered vacant.

5th Floor (Unit 5 – Stabilized): Studio with rent near market.

Additional features include a full cellar with 7'8” ceilings, updated mechanicals (new boiler, sprinkler, hot water heaters, thermostats), and long-term ownership.

Please Note: This property does not qualify for residential financing. Commercial loans for this asset type are generally unavailable. Cash-only purchase.

Location

State NY

County New York

Rooms

Basement Full

Interior

Interior Features High Ceilings

Heating Natural Gas

Fireplaces Number 1

Fireplaces Type Other

Furnishings Unfurnished

Fireplace Yes

Laundry In Unit,See Remarks

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft,Private Yard

View Y/N No

Porch Terrace

Private Pool No

Building

Dwelling Type Multi Family,Townhouse

Story 5

New Construction No

Others

Ownership None

Monthly Total Fees $6,102

Pets Allowed Building No,No

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