45-Unit Multifamily
New
For Sale
Contact for pricing
553 West 187th Street, New York, NY 10033
Two buildings contain rent-stabilized apartments, with three rent-ready vacancies at one address.
Property SizeContact for details
Days on Market4
Property Features for 553 West 187th Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
45
Building Details
Buildings
2
Listing Agency:
SERHANT
Listed By:
Paul LeMarc Brown · License #1329211
Source:
Crexi
Added: Sep 24
Changed: Sep 26
Last Checked: Sep 26 at 3:33PM
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 SERHANT
Investment Insights
Based on property information with market context.
This multifamily portfolio comprises two buildings and 45 rent-stabilized apartments. The properties are located at 553 and 557 West 187th Street in Washington Heights, Manhattan.
At present, 42 apartments are collecting rent, while three rent-ready vacancies are at 553 West 187th Street. The portfolio is offered as a single sale and free and clear, with no mortgage payoff reported.
At present, 42 apartments are collecting rent, while three rent-ready vacancies are at 553 West 187th Street. The portfolio is offered as a single sale and free and clear, with no mortgage payoff reported.
Key Highlights
- 45 rent‑stabilized apartments across two buildings
- 42 of 45 units currently collecting rent
- Three rent‑ready vacancies at 553 West 187th Street
Property Analytics
Current Use
Lease Details
45
Residential units
Location Intelligence
Trade Area within ½ mile
5,125
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 - Two buildings contain rent-stabilized apartments, with three rent-ready vacancies at one address.
Where is this apartment building located?
The property is located at 553 West 187th Street New York, NY.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 45 rent‑stabilized apartments across two buildings; 42 of 45 units currently collecting rent; Three rent‑ready vacancies at 553 West 187th Street
