Walk-Up SRO Apartment
For Sale
Contact for pricing
Pending
533 West 162nd Street, New York, NY 10032
Four-story walk-up building features 13 SRO units with current vacancies and retained air rights for additional development.
Property Size3,840 SF
Days on Market112
Property Features for 533 West 162nd Street
General Information
Standard status
Pending
Size
3,840 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
13
Building Details
Stories
4
Construction
walk-up
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Michael Tortorici · License #NY 401085153
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 29 at 12:08PM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
533 West 162nd Street is a 20-foot-wide, four-story multifamily walk-up building comprising 13 SRO units. The property totals 3,840 gross square feet, with three units currently occupied. Additional current vacancies create opportunity for value-add and/or conversion. The building also retains 3,040 square feet of air rights for potential additional development.
The property is located on the north side of West 162nd Street between Broadway and Amsterdam Avenue in Washington Heights. It is one block north of the C subway line at West 161st Street and St. Nicholas Avenue, providing access to other areas of Manhattan and the outer boroughs. Major nearby institutions and multiple retail options are supported by the same transit corridors.
The property is located on the north side of West 162nd Street between Broadway and Amsterdam Avenue in Washington Heights. It is one block north of the C subway line at West 161st Street and St. Nicholas Avenue, providing access to other areas of Manhattan and the outer boroughs. Major nearby institutions and multiple retail options are supported by the same transit corridors.
Key Highlights
- Four‑story walk‑up multifamily building with 13 SRO units in Washington Heights
- 3,840 gross SF building; 3 units currently occupied with vacancies for immediate value‑add
- Retains 3,040 SF of air rights for potential additional development
Property Analytics
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
8,939
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Four-story walk-up building features 13 SRO units with current vacancies and retained air rights for additional development.
Where is this apartment building located?
The property is located at 533 West 162nd Street New York, NY.
What are key features of this property?
This property features: Four‑story walk‑up multifamily building with 13 SRO units in Washington Heights; 3,840 gross SF building; 3 units currently occupied with vacancies for immediate value‑add; Retains 3,040 SF of air rights for potential additional development
