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Walk-Up Multifamily Building with 7 Units
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552 W 161st St, New York, NY 10032

Four-story walk-up multifamily building offers seven units, including studios, one-bedrooms, and a garden-level two-bedroom.

Property Size3,616 SF
Days on Market123

Property Features for 552 W 161st St

General Information

Standard status Active
Size 3,616 SF
Property subtype Multifamily

Additional Details

Multifamily Units 7

Building Details

Year Renovated 2018
Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Victor Sozio · License #NY 10301211469
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:59PM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

552 W 161st St is a four-story, walk-up multifamily building with a total of seven units. The unit mix includes two studio apartments and four one-bedroom apartments on the upper floors. The garden level features one two-bedroom apartment with a private entrance and backyard access.

The building is located on the south side of West 161st Street between Broadway and Amsterdam Avenue in Washington Heights. Several units were extensively renovated in early 2018 and are now in free-market status. The property is also within close proximity to the Columbia Presbyterian Medical campus and affiliates, located approximately four blocks north.

Transit access is available via the A and C subway lines at West 163rd Street/Amsterdam Avenue (about two blocks south) and the 1 subway line at West 157th Street/Broadway (about four blocks north). Retail corridors along St. Nicholas Ave and Broadway are just steps from the building, with nearby options listed in the remarks including Starbucks, Dollar Tree, Staples, Walgreens, and Chase Bank.

Key Highlights

  • 4‑story walk‑up multifamily building with 7 units and 3,616 gross SF at 552 West 161st Street
  • Unit mix: 2 studios and 4 one‑bedroom units on upper floors
  • Garden‑level 2‑bedroom unit includes a private entrance and backyard access

Property Analytics

Current Use

CityBaby Nursery Daycare Center

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Gym & Fitness Center

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

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,950
Businesses Nearby

Demographics for 10032, NY

55,170
Population
23,178
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
76%
High-School Grad
0.7 sq mi
ZIP Area
78,814
Density / Sq Mi
$56,588
Median Household Income
$40,755
Median Earnings
$1,546
Median Rent
$545,500
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 - Four-story walk-up multifamily building offers seven units, including studios, one-bedrooms, and a garden-level two-bedroom.
Where is this apartment building located?
The property is located at 552 W 161st St New York, NY.
What are key features of this property?
This property features: 4‑story walk‑up multifamily building with 7 units and 3,616 gross SF at 552 West 161st Street; Unit mix: 2 studios and 4 one‑bedroom units on upper floors; Garden‑level 2‑bedroom unit includes a private entrance and backyard access
(212) 544-9500 Call to check price and availability
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