Well-Maintained 5-Unit Apartment
For Sale
$895,000
567 W 184th St, New York, NY 10033
Five 2-bedroom units include two vacant rent-stabilized spaces for owner renovation or combination.
Property Size4,684 SF
Price / SF$191.04
Days on Market51
Property Features for 567 W 184th St
General Information
Standard status
Active
Size
4,684 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$17,249
Building Details
Building Size
4,684 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
(212) 663-6215
Listed By:
Christine Amerosa
(212) 663-6215
Source:
Elliman
Added: Jun 20
Changed: Aug 8
Last Checked: Aug 9 at 7:18AM
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 Christine Amerosa
Investment Insights
Based on property information with market context.
Built in 1920, this 4,685-sf, 25-foot-wide apartment building features five equally sized 2-bedroom units. The property has been described as well-maintained and offers a practical renovation or reconfiguration opportunity for a new owner. Two vacant, south-facing, rent-stabilized units are stacked directly on top of one another and are positioned for potential renovation and combination into a larger owner’s unit. The remaining three units are rent-regulated, including two rent-stabilized units and one rent-controlled unit, and they will be delivered with tenants in place.
Located at 567 W. 184th Street in Washington Heights, the building benefits from a highly walkable, transit-rich setting, with walkScore listed at 85 and transitScore listed at 100. bikeScore is listed at 61. The mix of in-place income and vacant space supports both straightforward occupancy and phased improvements, depending on the purchaser’s plan.
For investors and owner-occupants, the two delivered vacant units provide a built-in path to create a custom residence while retaining the remaining rent-regulated units as ongoing cash-flow support. The property is also described as significantly under-built, with the current zoning code allowing a building more than twice its current size. Taken together, this structure offers immediate livability options in the vacant units, along with flexibility for future development under the stated zoning parameters.
Located at 567 W. 184th Street in Washington Heights, the building benefits from a highly walkable, transit-rich setting, with walkScore listed at 85 and transitScore listed at 100. bikeScore is listed at 61. The mix of in-place income and vacant space supports both straightforward occupancy and phased improvements, depending on the purchaser’s plan.
For investors and owner-occupants, the two delivered vacant units provide a built-in path to create a custom residence while retaining the remaining rent-regulated units as ongoing cash-flow support. The property is also described as significantly under-built, with the current zoning code allowing a building more than twice its current size. Taken together, this structure offers immediate livability options in the vacant units, along with flexibility for future development under the stated zoning parameters.
Key Highlights
- Built in 1920: 4,685 SF multifamily with five 2‑bedroom units (25‑foot wide)
- Includes two vacant, south‑facing rent‑stabilized units delivered ready for immediate renovation or combination
- Vacant units are stacked directly on top of each other, allowing creation of a combined ~1,800‑SF owner’s unit
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Five 2-bedroom units include two vacant rent-stabilized spaces for owner renovation or combination.
Where is this apartment building located?
The property is located at 567 W 184th St New York, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Built in 1920: 4,685 SF multifamily with five 2‑bedroom units (25‑foot wide); Includes two vacant, south‑facing rent‑stabilized units delivered ready for immediate renovation or combination; Vacant units are stacked directly on top of each other, allowing creation of a combined ~1,800‑SF owner’s unit
