Multi Family, 23 W 69TH Street #, Lincoln Square - Real Estate New York

Description

Currently configured as a five-unit elevatored income-producing property, 23 West 69th Street also offers the opportunity to create a grand seven-story single-family residence. DOB-approved plans envision six bedrooms, a garden-level roof deck, a finished spa basement with pool, and a striking rear wall of glass. In its existing layout, three of the five apartments enjoy private outdoor space, complemented by five decorative fireplaces and a commercial-grade elevator. Surrounded by low-rise, landmarked townhouses, the home benefits from exceptional natural light.

Built circa 1892 by noted architect Gilbert A. Schellenger, this 20-foot-wide townhouse is ideally situated on a prime Central Park block on Manhattan's Upper West Side, moments from Sheep Meadow and Tavern on the Green, within the Upper West Side-Central Park West Historic District. The property is also close to Lincoln Center, the Metropolitan Opera, Juilliard, LaGuardia High School of Music & Art and Performing Arts, Fordham University, and Columbus Circle, home to Jazz at Lincoln Center and some of the neighborhood's finest dining and shopping.

As a rental asset, the building offers a strong rent roll and consistently low vacancy. Alternatively, it presents flexibility as a live/work residence or an owner's home with supplemental income. Comprising a collection of well-proportioned duplex and triplex apartments in a serene, picturesque setting, this is a rare and compelling opportunity.

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