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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- This five-story multifamily building features 25’ feet of frontage along York Avenue and contains 8 residential apartments.
- This property features six free market units, all leased at below market rents, providing investors with immediate upside potential.
- The retail component consists of two well-established tenants that provide stable and reliable long-term income.
- 1667 York Avenue sits just steps from the serene East River Esplanade, offering scenic waterfront walks and bike paths.
RÉSUMÉ ANALYTIQUE
The New York Multifamily team is pleased to exclusively offer for sale 1667 York Avenue, located in the Yorkville neighborhood. Located between 87th and 88th street, this 8-unit Mixed-use property is comprised of approximately 7,905 square feet with 25’ of frontage. This property sits on a 25’x 76’ lot (Block: 1567 and Lot: 26). The property is zoned R10 and has an additional 11,473 BSF.
THE OPPORTUNITY
• Building Overview: This five-story multifamily building features 25’ feet of frontage along York Avenue and contains 8 residential apartments. Of the 8 units, 6 are free market and 2 are rent-stabilized. The unit mix is composed of all one Bedroom Apartments.
• Strong In-Place Retail: The retail component consists of two well-established tenants that provide stable and reliable long-term income. The north space is occupied by Sunita Nails, a highly regarded neighborhood salon that has operated for the past eight years, offering strong credit and proven tenancy. The south space is leased to Salon Stanley, which has been in operation since 2024 and continues to draw steady neighborhood demand, contributing complementary foot traffic and enhancing the overall
stability of the retail mix.
• Rent growth opportunity: This property features six free market units, all leased at below market rents, providing investors with immediate upside potential. Comparable one bedrooms in the neighborhood are achieving approximately $3,500 per month, which indicates that current rents are roughly 20 percent below market and positions a buyer to unlock substantial near-term value.
• Desirable Location: 1667 York Avenue sits just steps from the serene East River Esplanade, offering scenic waterfront walks and bike paths. The neighborhood blends quiet residential charm with easy access to some of Manhattan’s most beloved attractions, including Carl Schurz Park and the world-renowned Museum Mile along Fifth Avenue. Nearby, residents can enjoy acclaimed dining options such as Jones Wood Foundry, Uva, and J.G. Melon, alongside cozy cafés and upscale boutiques. Convenient transportation options include the Q train at 86th Street and multiple bus routes along York and First Avenues, ensuring seamless
connectivity to the rest of the city.
THE OPPORTUNITY
• Building Overview: This five-story multifamily building features 25’ feet of frontage along York Avenue and contains 8 residential apartments. Of the 8 units, 6 are free market and 2 are rent-stabilized. The unit mix is composed of all one Bedroom Apartments.
• Strong In-Place Retail: The retail component consists of two well-established tenants that provide stable and reliable long-term income. The north space is occupied by Sunita Nails, a highly regarded neighborhood salon that has operated for the past eight years, offering strong credit and proven tenancy. The south space is leased to Salon Stanley, which has been in operation since 2024 and continues to draw steady neighborhood demand, contributing complementary foot traffic and enhancing the overall
stability of the retail mix.
• Rent growth opportunity: This property features six free market units, all leased at below market rents, providing investors with immediate upside potential. Comparable one bedrooms in the neighborhood are achieving approximately $3,500 per month, which indicates that current rents are roughly 20 percent below market and positions a buyer to unlock substantial near-term value.
• Desirable Location: 1667 York Avenue sits just steps from the serene East River Esplanade, offering scenic waterfront walks and bike paths. The neighborhood blends quiet residential charm with easy access to some of Manhattan’s most beloved attractions, including Carl Schurz Park and the world-renowned Museum Mile along Fifth Avenue. Nearby, residents can enjoy acclaimed dining options such as Jones Wood Foundry, Uva, and J.G. Melon, alongside cozy cafés and upscale boutiques. Convenient transportation options include the Q train at 86th Street and multiple bus routes along York and First Avenues, ensuring seamless
connectivity to the rest of the city.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 4 067 663 € | Style d’appartement | De hauteur moyenne |
| Prix par lot | 406 766 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,02 ha |
| Multiplicateur du loyer brut | 12.1 | Surface de l’immeuble | 734 m² |
| Nb de lots | 10 | Nb d’étages | 5 |
| Type de bien | Immeuble residentiel | Année de construction | 1920 |
| Sous-type de bien | Appartement | ||
| Zonage | R10 | ||
| Prix | 4 067 663 € |
| Prix par lot | 406 766 € |
| Type de vente | Investissement |
| Multiplicateur du loyer brut | 12.1 |
| Nb de lots | 10 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,02 ha |
| Surface de l’immeuble | 734 m² |
| Nb d’étages | 5 |
| Année de construction | 1920 |
| Zonage | R10 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Chauffage
- Réfrigérateur
- Four
- Baignoire/Douche
- Congélateur
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Accès contrôlé
- CVC contrôlé par l’occupant
- Sans tabac
- Détecteur de fumée
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 1 | - | 50 |
| 1+1 | 8 | - | 60 |
| 2+1 | 1 | - | 84 |
1 1
Walk Score®
Idéal pour les promeneurs (98)
Transit Score®
Un paradis pour l’usager (100)
Bike Score®
Très praticable en vélo (82)
TAXES FONCIÈRES
| Numéro de parcelle | 1567-0026 | Évaluation des aménagements | 469 199 € |
| Évaluation du terrain | 127 272 € | Évaluation totale | 596 471 € |
TAXES FONCIÈRES
Numéro de parcelle
1567-0026
Évaluation du terrain
127 272 €
Évaluation des aménagements
469 199 €
Évaluation totale
596 471 €
1 sur 10
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
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Présenté par
1667 York Ave
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