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331 West 87th st, New York, NY, 10024
Townhouse Apartment Building

331 West 87th st New York, NY 10024

For Sale
Contact for pricing
Pending

5-story townhouse currently configured as six rental apartments, including rent-controlled and rent-stabilized units.

Days on Market106

Property Features for 331 West 87th st

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: JLL
Listed By: Stephen Palmese · License #NY 10301208655
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 23 at 8:21AM

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


Investment Insights

Based on property information with market context.

331 West 87th Street is a 5-story Renaissance Revival townhouse originally constructed in 1892 and currently configured as six rental apartments. The building includes a mix of studio apartments and two floor-through one-bedroom units. The parlor floor has been renovated for prior ownership use and features original details, ample natural light, and access to the garden via a large terrace. Much of the original architectural character remains, including fireplaces with mantels, wood floors, an intricate staircase, wainscoting, and tall ceilings. The center hall is topped by an ornate skylight, and additional skylights are present in several apartment bathrooms.

The property is heated by a #2 oil-fired boiler and is individually metered for electric. It is located within the West End Avenue–Riverside Historic District.

The building includes approximately 4,980 SF of additional air rights, and with Landmark & Preservation Commission approval, it may be possible to utilize a portion of the excess air rights by building out the remainder of the 5th floor and/or adding to the rear of the house.

Key Highlights

  • 5‑story Renaissance Revival townhouse (built 1892) currently configured as 6 rental apartments: 1 rent‑controlled, 4 rent‑stabilized, 1 free market
  • Apartment mix includes 5 studios and 2 floor‑through 1‑bedroom apartments
  • Original details throughout: fireplaces with mantels, wood floors, intricate staircase, wainscoting, and tall ceilings; center hall topped by an ornate skylight

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Big Box & Wholesale Store Barber Shop Grocery & Convenience Store Food Market Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 5-story townhouse currently configured as six rental apartments, including rent-controlled and rent-stabilized units.
Where is this apartment building located?
The property is located at 331 West 87th st New York, NY.
What are key features of this property?
This property features: 5‑story Renaissance Revival townhouse (built 1892) currently configured as 6 rental apartments: 1 rent‑controlled, 4 rent‑stabilized, 1 free market; Apartment mix includes 5 studios and 2 floor‑through 1‑bedroom apartments; Original details throughout: fireplaces with mantels, wood floors, intricate staircase, wainscoting, and tall ceilings; center hall topped by an ornate skylight
(212) 812-5700 Call to check price and availability
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