3 Building Portfolio 15W 75TH ST 47W 74TH ST 122W 71ST ST | Upper West Side Multifamily
Portfolio Overview
This three building multifamily portfolio spans Manhattan's Upper West Side with a combined total of 61 residential units across 74,274 square feet. The properties were built in 1927 and feature a mix of free market, rent stabilized, and rent controlled apartments. The portfolio generates an annual net operating income of $1,639,423 and is listed at USD 52,000,000.
Building Details
15 West 75th Street is a 10 story prewar elevator building containing 42 apartments. 47 West 74th Street is a 4 story townhouse with 9 apartments. 122 West 71st Street is a 4 story townhouse with 10 apartments. Together these three properties create a diversified residential holding in one of Manhattan's most sought after neighborhoods.
Location and Accessibility
The portfolio is located steps away from Central Park and offers proximity to the neighborhood's premier dining, shopping, and transportation options. Properties are situated at three distinct Upper West Side addresses, each offering strong access to Manhattan's central attractions and transit infrastructure.
Investment Profile
The portfolio offers stable cash flow through its diversified tenant base across free market, rent stabilized, and rent controlled units. The properties are positioned for long term value appreciation in one of Manhattan's most sought after residential markets. The prewar construction and established tenant mix provide both stability and potential for appreciation.
Contact and Information
For pricing details, financial information, and property tours, contact Marlon Schwarcz at 310 770 7111 or [email protected]. Additional information and resources are available at www.globalprimerealestate.com. The portfolio is marketed by Global Prime Real Estate.
Questions
How many residential units are included in this portfolio?
The portfolio contains 61 residential units across three buildings. 15 West 75th Street has 42 apartments, 47 West 74th Street has 9 apartments, and 122 West 71st Street has 10 apartments.
What types of apartments are included?
The portfolio includes a mix of free market, rent stabilized, and rent controlled apartments, providing diversified income streams and tenant stability across the three buildings.
What is the annual net operating income?
The portfolio generates an annual NOI of $1,639,423 across all three properties combined.
What is the listing price?
The portfolio is listed at USD 52,000,000.
When were these buildings constructed?
All three buildings in the portfolio were built in 1927. 15 West 75th Street is a prewar elevator building, while 47 West 74th Street and 122 West 71st Street are prewar townhouses.
How much square footage does the portfolio contain?
The three buildings combined total 74,274 square feet of residential space across 61 units.
How do I schedule a property tour or get more information?
Contact Marlon Schwarcz at 310 770 7111 or [email protected] to arrange tours and discuss pricing and financial details. Visit www.globalprimerealestate.com for additional information.
3 Building Portfolio 15W 75TH ST - 47W 74TH ST - 122W 71ST ST
Upper West Side Multifamily Portfolio
A rare opportunity to acquire a three-building multifamily portfolio in Manhattan's Upper West Side. The portfolio consists of 61 residential units across 74,274 square feet and includes a mix of free market, rent-stabilized, and rent-controlled apartments. Built in 1927, the properties generate an annual NOI of $1,639,423.
The portfolio includes 15 West 75th Street, a 10-story prewar elevator building with 42 apartments; 47 West 74th Street, a 4-story townhouse with 9 apartments; and 122 West 71st Street, a 4-story townhouse with 10 apartments.
Located just steps from Central Park and the neighborhood's premier dining, shopping, and transportation options, the portfolio offers stable cash flow and long-term value appreciation in one of Manhattan's most sought-after residential markets.
For pricing, financials, and property tours, contact Marlon Schwarcz at 310-770-7111 or [email protected]. Visit www.globalprimerealestate.com to learn more.
Sold by Global Prime Real Estate · Global Prime Real Estate on the Yesodi marketplace.