2017 Mid-Rise Residential Income
531 West 159th Street New York City, NY 10032
531 West 159th Street, New York City, NY, 10032
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For Sale
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Seven-story building built in 2017 with 36 residential units and one commercial unit.
Property Size37,651 SF
Days on Market85
Property Features for 531 West 159th Street
General Information
- Standard status
- Active
- Size
- 37,651 SF
- Property subtype
- Multifamily, Mixed Use
Building Details
- Year Built
- 2017
Listing agency
Ariel Property Advisors
(212) 544-9500
Listed by
Victor Sozio · License #NY 10301211469
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 11:31PM Checked: Jul 22 at 4:59PM
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Investment Insights
Based on property information with market context.
531 West 159th Street is a fully free market residential building built in 2017. The property is a 7-story mid-rise totaling 37,651 SF and is described as expertly maintained with contemporary building systems. The unit mix includes 36 residential units and 1 commercial unit.
Located in Washington Heights on the West Side of Northern Manhattan, the building is also noted as having “Special Condo Billing” status. That designation is presented as providing a pathway for a condo conversion exit, alongside existing in-place revenue from the current unit configuration.
Located in Washington Heights on the West Side of Northern Manhattan, the building is also noted as having “Special Condo Billing” status. That designation is presented as providing a pathway for a condo conversion exit, alongside existing in-place revenue from the current unit configuration.
Key Highlights
- 7‑story mid‑rise built in 2017 with 37,651 SF of space
- Unit mix includes 36 residential units plus 1 commercial unit
- Fully free‑market residential building with in‑place revenue and strong rental growth potential
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FAQs
What type of property is this?
Apartment building - Seven-story building built in 2017 with 36 residential units and one commercial unit.
Where is this apartment building located?
The property is located at 531 West 159th Street New York City, NY.
What are key features of this property?
This property features: 7‑story mid‑rise built in 2017 with 37,651 SF of space; Unit mix includes 36 residential units plus 1 commercial unit; Fully free‑market residential building with in‑place revenue and strong rental growth potential