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Manhattan Four-Family Home Development Opportunity

503 W 168th St, New York, NY 10032

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For Sale

$1,986,000

Four-family home in Upper Manhattan with development potential.

Type:Investment

Lot size:

0.05 Acres

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Junho Cho

HighLights

Rare investment opportunity in the heart of Upper Manhattan.
Fully detached four‑family home on a wide, tree‑lined street.
Significant unused FAR (4,370 sq ft) allows for condominium development under R7‑2 zoning.
Prime location near Columbia‑affiliated university and renowned hospital ensures steady rental income from students and professionals.
Neighboring property successfully added two floors, demonstrating development potential.
Excellent transportation access with A, C, and 1 subway lines nearby, providing a 25‑minute commute to Midtown Manhattan.

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For Sale

$1,986,000

Four-family home in Upper Manhattan with development potential.

Type:Investment

Lot size:

0.05 Acres

Added:: Nov 28, 2025
Days on Market:: 221
Last Refresh:: Jul 3 at 4:04 am

Property Features for 503 W 168th St

General Information

Standard status: Active
Lot size: 0.05 Acres
Property subtype: Investment

Building Details

Year Built: 1920

We can help!

Contact an agent

Junho Cho

Listing office

Listing date Nov 28, 2025

Source Elliman

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 Junho Cho

HighLights

Rare investment opportunity in the heart of Upper Manhattan.
Fully detached four‑family home on a wide, tree‑lined street.
Significant unused FAR (4,370 sq ft) allows for condominium development under R7‑2 zoning.
Prime location near Columbia‑affiliated university and renowned hospital ensures steady rental income from students and professionals.
Neighboring property successfully added two floors, demonstrating development potential.
Excellent transportation access with A, C, and 1 subway lines nearby, providing a 25‑minute commute to Midtown Manhattan.

Overview

This four-family home presents a rare investment opportunity in Upper Manhattan. The fully detached property is situated on a wide, tree-lined street. It offers 4,370 square feet of unused floor area ratio (FAR), making it suitable for condominium development under R7-2 zoning. The property is located near a Columbia-affiliated university and a hospital, potentially attracting rental income from students and professionals. Transportation options include the A, C, and 1 subway lines, providing access to Midtown Manhattan in approximately 25 minutes. The property is being sold in its current condition.

Location Intelligence

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Quadplexes

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Local Demand

City: New York
County: New York
State: New York
Longitude: -73.9373
Latitude: 40.8402

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For sale
Quadplexes
NY
New York
10032
503 W 168th St

What type of property is this?

Quadplex - Four-family home in Upper Manhattan with development potential.

Where is this quadplex located?

The property is located at 503 W 168th St New York, NY.

What is the asking price?

The asking price for this property is $1,986,000.

What are key features of this property?

This property features: Rare investment opportunity in the heart of Upper Manhattan.; Fully detached four‑family home on a wide, tree‑lined street.; Significant unused FAR (4,370 sq ft) allows for condominium development under R7‑2 zoning.