48-Unit Elevator Apartment
For Sale
$4,800,000
518 Fort Washington Ave, New York, NY 10033
Six-story elevator property with studio, one-bedroom, and two-bedroom residences near Bennett Park and public transit.
Property Size41,552 SF
Price / SF$115.52
Days on Market153
Property Features for 518 Fort Washington Ave
General Information
Standard status
Active
Size
41,552 SF
Elevators
Yes
Property subtype
Multifamily
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
6 x studio, 18 x 1BR, 24 x 2BR
Multifamily Units
48
Amenities
518 Fort Washing Avenue, built in 1925, is a 48-unit elevator building comprised of 6 studio, 18 one- bedroom, and 24 two-bedroom apartments.
Lot: 100' x 110' FT | 15% Fair Market | Tax Class: 2
518 Fort Washington Avenue is conveniently located a few steps from Bennett Park, The Broadway retail corridor, and the 181st Street A train.
Building Details
Building Size
41,552 SF
Buildings
1
Stories
6
Units
48
Listing Agency:
New York City Office
(212) 430-5100
Listed By:
Seth Glasser · License #NY: 10301209629
(212) 430-5136
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 30 at 5:22PM
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 New York City Office
Investment Insights
Based on property information with market context.
This six-story elevator apartment property contains 41,552 square feet and 48 residential units. The unit mix includes 6 studios, 18 one-bedroom apartments, and 24 two-bedroom apartments. The building has been owned and operated by the same family for over 55 years, and 7 units are identified as free-market apartments renovated through IAI's.
Located at 518 Fort Washington Avenue, the property sits across from Bennett Park and near the Broadway retail corridor. The 181st Street A train is also a short walk away, providing access to Manhattan's subway network.
Located at 518 Fort Washington Avenue, the property sits across from Bennett Park and near the Broadway retail corridor. The 181st Street A train is also a short walk away, providing access to Manhattan's subway network.
Key Highlights
- 41,552‑square‑foot apartment building with 48 residential units
- Unit mix includes 6 studios, 18 one‑bedroom, and 24 two‑bedroom apartments
- Six‑story elevator building
Property Analytics
Property Profile
Current Use
Lease Details
48
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,845
Businesses Nearby
Explore this area
Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-story elevator property with studio, one-bedroom, and two-bedroom residences near Bennett Park and public transit.
Where is this apartment building located?
The property is located at 518 Fort Washington Ave New York, NY.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 41,552‑square‑foot apartment building with 48 residential units; Unit mix includes 6 studios, 18 one‑bedroom, and 24 two‑bedroom apartments; Six‑story elevator building
