491 Amsterdam Avenue

$6,400,000

491 Amsterdam Avenue

ASKING Price:

$6,400,000

Property Type:

Mixed-Use

borough:

Manhattan

Gross square feet:

9020

NUMBER of UNITS:

18

ZONING:

Property Description:

Raven Property Advisors is pleased to present 491 Amsterdam Avenue to the market, a well-maintained mixed-use building under multigenerational ownership. This five-story walkup property boasts 25 feet of frontage on Amsterdam Avenue and West 83rd/84th Streets in a prime UWS retail corridor. The unit mix is comprised of: seventeen (17) rent-stabilized residential units, and one ground floor retail store with a fully built out basement. Nine of the 17 units have been gut-renovated within the past five years, and the boiler was replaced in 2014, with annual servicing up to date. The property is 9,020 gross square feet and includes approximately 8,058 SF of unused air rights. Located in one of the Upper West Side’s most desirable pockets, the subject property sits only two blocks from Central Park, steps from the 1/C/B subway lines, the M bus line, and is within walking distance to The Museum of Natural History. *Seller financing available – please inquire with broker.

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