100 93rd Stcu-1 New York, NY 10025-7524

Property Details for 100 93rd Stcu-1

Year built

1973

Property size

31,514 SF

Zone code

C1-9

Property type

Parking lots & garages

APN

01223-1201

APU

12231201

Description

This exceptional 29-story, 86,114 square foot apartment building, constructed in 1973 and renovated in 2006, presents a unique investment opportunity. Located at 100 West 93rd Street in Manhattan's Upper West Side, this property boasts 102 units, offering significant value-add potential. The building benefits from a C1-9 / R7-2 permitted zoning designation. Its prime location offers 601 feet of wraparound frontage, including 201 feet on Columbus Avenue, and proximity to Central Park, top-tier schools, and multiple subway lines (1, 2, 3, and C) and bus routes (M7, M11, M96, M106). The building features attractive amenities including a garden, fitness center, and children's playroom, along with a garage. Exceptional views are available from 72% of the high-floor units, many with private balconies overlooking Central Park, the Hudson River, and the city skyline. Currently, six vacant units are undergoing renovation, presenting immediate upside potential for increased rental income or resale. The average age of tenants is 71 years old. Importantly, this investment is unaffected by new rent regulation laws, allowing for market-rate leasing or sales upon vacancy. High condominium sellouts have averaged $1,526 per square foot, with a high of $1,665 per square foot, demonstrating strong market demand. This property offers a compelling combination of location, amenities, and upside potential for discerning investors.

Location Insight

City

New York

County

New York

State

New York

Longitude

-73.9696

Latitude

40.7908

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments