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Inwood Apartment Portfolio
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549 Isham Street, New York, NY 10034

Two 5-story walk-up multifamily buildings totaling 82 apartments with space across 1921 and 1922 construction years.

Property Size63,150 SF
Price / SF$174.19
Days on Market117

Property Features for 549 Isham Street

General Information

Standard status Active
Size 63,150 SF
Property subtype Multifamily
Zoning R7A
Investment Type Stabilized
Net Operating Income $807,214

Additional Details

Multifamily Units 82

Building Details

Year Built 1921
Buildings 2
Stories 5
Units 82
Tenancy Multi
Listing Agency: Alpha Realty NY
Listed By: Lev Mavashev · License #NY 10351208812
Source: Crexi
Added: Apr 29 Changed: Aug 15 Last Checked: Aug 22 at 10:51AM

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 Alpha Realty NY

Investment Insights

Based on property information with market context.

This offering includes two multifamily buildings with a combined total of 82 apartments and approximately 63,150 square feet across 5-story walk-up structures. The buildings were constructed in 1921 and 1922, providing an income-producing residential portfolio in the Inwood neighborhood.

The portfolio is located at 549 and 573 Isham Street in Manhattan. The property is described as offering 70%+ free market units, which may provide flexibility in income profiles relative to rent-regulated units.

Both buildings are presented as part of a single portfolio, offering a straightforward way to acquire two adjacent structures under one ownership group.

Key Highlights

  • Two multifamily buildings at 549 & 573 Isham Street in Manhattan’s Inwood neighborhood
  • Portfolio totals 82 apartments in 63,150 SF across two 5‑story walk‑up buildings
  • Buildings constructed in 1921 and 1922

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Hotel & Motel HVAC Service

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

82
Residential units

Location Intelligence

Trade Area within ½ mile

3,803
Businesses Nearby

Demographics for 10034, NY

36,778
Population
16,599
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
80%
High-School Grad
1.0 sq mi
ZIP Area
36,778
Density / Sq Mi
$69,786
Median Household Income
$47,553
Median Earnings
$1,621
Median Rent
$518,000
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?
Apartment building - Two 5-story walk-up multifamily buildings totaling 82 apartments with space across 1921 and 1922 construction years.
Where is this apartment building located?
The property is located at 549 Isham Street New York, NY.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Two multifamily buildings at 549 & 573 Isham Street in Manhattan’s Inwood neighborhood; Portfolio totals 82 apartments in 63,150 SF across two 5‑story walk‑up buildings; Buildings constructed in 1921 and 1922
More about this property
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