Contacts

Thomas Gammino

Lee & Associates - New York

(212) 776-1206

Property Details

Property Type Multi-Family
Property Size 7,105 SF
Units 10
Lot Size 0.05 Acre
Property Tenancy Multi-Tenant
Building Class C
Year Built 1898
Date Updated Feb 8, 2024

8 West 87th Street is located steps from Central Park and was built and designed in 1898. It is currently configured as a mostly vacant multifamily building consisting of 9 units, 7 of which are vacant, spread over approximately 7,105 usable square feet, offering a flexible layout in an unmatched location. Each large unit receives great natural light and has high ceiling heights throughout. The rear garden level unit has additional living space potential by duplexing down into the lower level. Additional features include rear terraces on the second and fourth floors. The layout can be enhanced as the current owner has obtained a Certification of No Harassment (CONH) from HPD and filed plans with the DOB to reconfigure the existing structure into a 7-unit multifamily with 2 full-floor two bedroom units with rear terraces located on floors 2 and 4, 1 full-floor two-bedroom unit on floor 5, 1 one bedroom unit with a duplexed basement and private rear garden, 2 studio units and a rear one bedroom unit. Minor alterations to these plans would enable a user to add a private elevator and create an owner’s duplex or triplex with a finished rooftop terrace and pop-up. This rare offering on a Park block boasts 20’ of frontage on the South side of the block with private rear garden access, available air rights and Southern light exposure. With its location and flexibility 8 West 87th Street presents an incredible opportunity for an investor, converter, or user looking for a live plus income townhouse.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

8 West 87th Street Offering Memorandum.pdf (PDF) opens in new window

Getting around

74/100
Walk Score ®
100/100
Transit Score ®
84/100
Bike Score ®

Powered by Walk Score ®

City New York, NY
Neighborhood Upper West Side
Zip Code 10024
Market Manhattan

Points of Interest

86th Street

0.05 miles
81st Street–Museum of Natural History

0.32 miles
86th Street

0.40 miles
96th Street

0.47 miles
79th Street

0.57 miles
96th Street

0.59 miles
72nd Street

0.76 miles
Broadway & 72nd Street

0.81 miles
103rd Street

0.82 miles
East 86th Street & Lexington Avenue at Northwest Corner

0.84 miles

ChargePoint

0.31 miles
Tesla Supercharger

0.67 miles
Mobil

0.71 miles
ChargePoint

0.82 miles
Shell

1.15 miles
ChargePoint

1.38 miles
plugNYC

1.51 miles
Mobil

1.54 miles
ChargePoint

1.67 miles
Mobil

1.88 miles

Pyramid Garage

0.61 miles
Metropolitan Museum

0.64 miles
Berkley Garage

0.67 miles
Quik Park

0.87 miles
Mount Sinai

0.94 miles
Knickerbocker Plaza Car Park

1.09 miles
MPG

1.09 miles
Astor Terrace Parking Garage

1.10 miles
iClean

1.17 miles
Lincoln Center Park and Lock Garage

1.22 miles

International Student Center

0.08 miles
Hotel Belnord

0.35 miles
The Lucerne

0.50 miles
Days Hotel

0.52 miles
The Hotel Newton

0.54 miles
NYLO New York City

0.63 miles
Amsterdam Inn

0.63 miles
Imperial Court Hotel

0.64 miles
Hotel Belleclaire

0.66 miles
Royal Park International Hotel

0.67 miles

D'Agostino

0.23 miles
Key Food

0.32 miles
Trader Joe's

0.33 miles
Seasons

0.40 miles
Broadway Farm

0.42 miles
Gary Null's Uptown Whole Foods

0.42 miles
Barzini's

0.45 miles
Zabar's

0.54 miles
Key Food

0.57 miles
Whole Foods Market

0.58 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

8 West 87th Street