Walk-Up Apartment
For Sale
Contact for pricing
Pending
502 W 170th St, New York, NY 10032
Five-story walk-up building with 20 apartments, including recently gut-renovated units with in-unit washer dryers.
Property Size16,350 SF
Days on Market113
Property Features for 502 W 170th St
General Information
Standard status
Pending
Size
16,350 SF
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
20
Building Details
Stories
5
Tenancy
Multi
Listing Agency:
JLL - New York City, New York
(212) 812-5700
Listed By:
Hall Oster · License #NY 10401321782
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 31 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
502 West 170th Street is a 50’ wide, five-story walk-up apartment building offering 20 apartments totaling approximately 16,350 square feet. The unit mix includes two two-bedroom units, twelve three-bedroom units, and four four-bedroom units, with eligibility for market-rate rents noted for 65% of the apartments. Current configuration includes 9 free market apartments, 4 rent-stabilized market apartments, 5 rent-stabilized apartments, and 2 rent-controlled apartments.
The current ownership recently gut-renovated a portion of the building, including 8 free market and rent-stabilized apartments (units 1, 7, 8, 9, 10, 11, 18, and 19) with modern kitchens, bathrooms, and washer dryers. Future ownership may continue the renovation plan as leases expire or units become vacant.
The property is described as well maintained and individually sub-metered for cooking gas and electric. Additional basement space is available that could be re-positioned for amenities such as tenant storage or to create duplexes with the ground-floor apartment(s). The sale is described as as-is where-is, with an option to assume an existing $2.95M mortgage until 4/2029 at a 3.45% interest rate.
The current ownership recently gut-renovated a portion of the building, including 8 free market and rent-stabilized apartments (units 1, 7, 8, 9, 10, 11, 18, and 19) with modern kitchens, bathrooms, and washer dryers. Future ownership may continue the renovation plan as leases expire or units become vacant.
The property is described as well maintained and individually sub-metered for cooking gas and electric. Additional basement space is available that could be re-positioned for amenities such as tenant storage or to create duplexes with the ground-floor apartment(s). The sale is described as as-is where-is, with an option to assume an existing $2.95M mortgage until 4/2029 at a 3.45% interest rate.
Key Highlights
- 50’ wide, 5‑story walk‑up apartment building with ~16,350 SF and 20 total apartments on W 170th St (south side between Amsterdam & Audubon).
- Apartment mix includes 9 free market, 4 rent stabilized market, 5 rent stabilized, and 2 rent controlled apartments; layouts include 2 two‑bed, 12 three‑bed, and 4 four‑bed units.
- Recently gut‑renovated 8 apartments (Free Market & Rent Stabilized units 1, 7, 8, 9, 10, 11, 18, 19) with modern kitchens, bathrooms, and in‑unit washer dryers.
Property Analytics
Current Use
Lease Details
20
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 10032, NY
55,170
Population
23,178
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
76%
High-School Grad
0.7 sq mi
ZIP Area
78,814
Density / Sq Mi
$56,588
Median Household Income
$40,755
Median Earnings
$1,546
Median Rent
$545,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-story walk-up building with 20 apartments, including recently gut-renovated units with in-unit washer dryers.
Where is this apartment building located?
The property is located at 502 W 170th St New York, NY.
What are key features of this property?
This property features: 50’ wide, 5‑story walk‑up apartment building with ~16,350 SF and 20 total apartments on W 170th St (south side between Amsterdam & Audubon).; Apartment mix includes 9 free market, 4 rent stabilized market, 5 rent stabilized, and 2 rent controlled apartments; layouts include 2 two‑bed, 12 three‑bed, and 4 four‑bed units.; Recently gut‑renovated 8 apartments (Free Market & Rent Stabilized units 1, 7, 8, 9, 10, 11, 18, 19) with modern kitchens, bathrooms, and in‑unit washer dryers.
