315 W 71st St New York City, NY 10023

Location, location, location. A rare opportunity to own a distinguished townhouse on the Upper West Side, currently configured as a 9-unit building with the potential to be transformed into a grand single-family residence. The property is currently arranged as nine individual apartments, including five one-bedroom units, one with patio and garden access, and four studios, one featuring a private terrace. One rent stabilized unit which is currently owner occupied. The property comes as is and can be delivered vacant. Situated on a charming and quiet tree-lined cul-de-sac street of the Upper West Side, this elegant townhouse spans over 5,000 square feet, with an additional ~450 square feet of outdoor space. Sitting on a 16’ x 78’ footprint within a 100-foot-deep lot, the home overlooks historic townhouses and is located just a short distance from Riverside Park. This residence offers a prime opportunity for immediate rental income or a seamless conversion into a magnificent single-family home tailored to your vision. Priced to accommodate a gut renovation. Perfectly positioned in one of the city’s most coveted neighborhoods, the townhouse is just moments from the 72nd Street subway station, offering easy access to the rest of Manhattan hustle and bustle but still enjoy the peaceful setting of a cul-de-sac street. A vibrant selection of restaurants, cafés, boutiques, and all the grocery stores you can imagine are within easy reach, providing both convenience and charm. Whether enjoying a quiet morning in Riverside Park, indulging in the area’s rich cultural scene, or transforming this residence into a one-of-a-kind luxury home, this is a rare and exciting opportunity. You can't find a more convenient location. Total projected rent income $310,800.