523 Amsterdam Ave New York, NY 10024
- Specialty properties
- 20,370 SF
- 0.07 lot acres
Current Use by Public Records
- 85 CONVENIENT STORE 15 CORP. / Tobacco Shop
Property Details for 523 Amsterdam Ave
- Year built
- 1900
- Lot size
- 0.07 lot acres
- Property size
- 20,370 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional 20,370 square foot, six-story building at 523 Amsterdam Avenue, situated between West 85th and 86th Streets, presents a unique investment opportunity. The property boasts a coveted C2-7A zoning designation and offers immediate possession of a 425 square foot vacant ground floor retail space, complemented by a 500 square foot lower level. With 25 feet of prime frontage on Amsterdam Avenue, this location benefits from exceptional visibility and foot traffic in a vibrant Upper West Side neighborhood. The building, constructed in 1900, is a single-tenant property, currently featuring a mix of retail and special purpose uses. Its strategic location places it amongst established businesses such as Jacob's Pickles, E's Bar, and numerous other popular restaurants and shops. The property sits on a 0.07-acre lot and includes no parking spaces. This is an unparalleled chance to acquire a well-positioned asset in one of Manhattan's most desirable neighborhoods. The property's strong location and flexible zoning offer significant potential for a variety of uses. This is a rare opportunity to establish a presence in a thriving commercial corridor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- Saratoga
- State
- New York
- Longitude
- -73.9754
- Latitude
- 40.7872
