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Pre-War 228-Unit Hotel
For Sale
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307 W 79th St, New York, NY 10024

Class A SRO property with R10A zoning and redevelopment potential.

Property Size80,646 SF
Days on Market184

Property Features for 307 W 79th St

General Information

Standard status Active
Size 80,646 SF
Class A
Property subtype Multifamily, Special Purpose
Zoning R10A
Occupancy 15%

Additional Details

Multifamily Units 228

Building Details

Year Built 1906
Year Renovated 1943
Buildings 1
Stories 10
Units 228
Listing Agency: Wald Real Estate Associates Inc.
Listed By: Stephen Wald
Source: Crexi
Added: Feb 28 Changed: Aug 30 Last Checked: Aug 30 at 7:23PM

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 Wald Real Estate Associates Inc.

Investment Insights

Based on property information with market context.

This 228-unit hotel property contains 80,646 square feet and was built in 1906. The pre-war asset is classified as a Class A SRO and includes air rights associated with the property.

Located at 307 W 79th St in New York, NY 10024, the building is positioned on the Upper West Side. R10A zoning and the existing unit configuration support evaluation of the property for redevelopment, subject to applicable requirements.

Key Highlights

  • 228‑unit Class A SRO hotel property
  • 80,646‑square‑foot pre‑war asset
  • Built in 1906

Property Analytics

Current Use

Imperial Court Hotel Hotel & Motel JoetheCatSitter Kennel & Boarding Facility JoeThePainter Painting Service

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Nail Salon Barber Shop Auto Parts 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

228
Residential units

Location Intelligence

Trade Area within ½ mile

10,221
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Class A SRO property with R10A zoning and redevelopment potential.
Where is this hotel located?
The property is located at 307 W 79th St New York, NY.
What are key features of this property?
This property features: 228‑unit Class A SRO hotel property; 80,646‑square‑foot pre‑war asset; Built in 1906
More about this property
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