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Historic Five-Story Live-Work Space
New
For Lease
$9,900,000

129 W 86th St, New York, NY 10024

Five-story configuration pairs a four-bedroom residence with a six-room office, private elevator, and independent business access.

Space SizeContact for details
Days on Market1

Property Features for 129 W 86th St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $76,068

Building Details

Year Built 1887
Stories 5
Units 1
Listing Agency: Compass
Listed By: Mark Reynolds Blumenfeld (mark.blumenfeld@compass.com)
Source: Edifyny
Added: Sep 19 Last Checked: Sep 19 at 6:05AM

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 Compass

Investment Insights

Based on property information with market context.

Built in 1887, this five-story live-work property combines a private residence with dedicated office space in a 100.67' x 20' lot configuration. The upper floors include four bedrooms, 3.5 baths, high ceilings, multiple fireplaces, radiant heat flooring, a south-facing kitchen, and outdoor space on each level. A private elevator serves the building, which also includes a finished basement gym, wine cellar, skylights, and central air conditioning.

The lower-level office comprises six rooms and two half baths, with approximately 2,690 SF identified for office use. It has been updated and wired for business operations, includes a reception room for meetings, and provides direct garden access. The office can accommodate 25 people and operates separately from the residence. The property is located at 129 W 86th St in New York, NY 10024.

Key Highlights

  • Five‑story live‑work property built in 1887
  • Four‑bedroom residence with 3.5 baths and approximately 3,490SF
  • Six‑room office with two half baths and approximately 2,690SF

Property Analytics

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Current Use

Uberto Construction Construction Company Udder Milk (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Nail Salon Food Market Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,737
Businesses Nearby

Demographics for 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Five-story configuration pairs a four-bedroom residence with a six-room office, private elevator, and independent business access.
Where is this live-work space located?
The property is located at 129 W 86th St New York, NY.
What is the lease rate?
The lease rate is $9,900,000.
What are key features of this property?
This property features: Five‑story live‑work property built in 1887; Four‑bedroom residence with 3.5 baths and approximately 3,490SF; Six‑room office with two half baths and approximately 2,690SF
More about this property
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