$5,900,000
349 W 71ST Street Manhattan, NY 10023
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Listing Courtesy of Douglas Elliman Real Estate
$5,900,000
Est. payment /mo
10 BD
8 BA
6,087 SqFt
Active
349 W 71ST Street Manhattan, NY 10023
UPDATED:
10/31/2024 11:45 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 6,087 sqft
Price per Sqft $969
Subdivision Lincoln Square
MLS Listing ID RPLU-5123231574
Bedrooms 10
Full Baths 8
HOA Y/N No
Year Built 1900
Annual Tax Amount $89,112
Property Description
Nestled on one of the Upper West Side's rare cul-de-sac blocks, 349 W 71st Street presents a unique investment opportunity for the discerning buyer. This charming townhouse, originally built over a century ago, offers both the potential for luxurious single-family living and significant rental income.The vacant duplex, spanning over 2,500 square feet, can be easily transformed into a stunning 4-bedroom, 3-bathroom residence, complete with exposed brick, original woodwork, high ceilings, and working wood-burning fireplaces. Above, the property includes three studio apartments and one one-bedroom apartment, all at market rate rent, each featuring these same character-filled details. The recently renovated basement apartment boasts a sleek Boffi kitchen, modern finishes, and is poised to command premium rent.Adding to the appeal, the property includes valuable air rights allowing for an additional two stories, providing even greater flexibility for expansion.Located just steps from Riverside Park and a short walk from Central Park, this home offers easy access to the natural beauty and recreational spaces that define the Upper West Side. The 72nd Streetsubway station (1, 2, 3 lines) is just minutes away, providing quick access to the rest of the city. Cultural landmarks such as The Metropolitan Opera House at Lincoln Center are nearby, ensuring you're never far from world-class performances, dining, and shopping.Whether you're an investor seeking strong rental income or a buyer looking to create your dream home, 349 W 71st Street offers endless possibilities in one of New York's most coveted locations.Come see what this magical property is all about! Contact the listing agent directly for a private showing.
Location
State NY
County Newyork
Zoning R8B
Rooms
Basement Other
Interior
Fireplace No
Laundry Building Other
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 5
New Construction No
Others
Ownership None
Monthly Total Fees $7, 426
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Coastal Property Advisors
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