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    523 Amsterdam Ave New York, NY 10024
    Property profile & analytics

    523 Amsterdam Ave, New York, NY 10024

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    • Specialty properties
    • 20,370 SF
    • 0.07 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 85 CONVENIENT STORE 15 CORP. / (Bike/Boat/Book/etc) Store

    Property Details for 523 Amsterdam Ave

    Year built
    1900
    Lot size
    0.07 lot acres
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    Saratoga
    State
    New York
    Longitude
    -73.9754
    Latitude
    40.7872
    More about this property
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