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505 W 183rd Street

New York (Manhattan), NY 10033
  • $1,800,000
  • STATUS: Active
  • MLS #: 1017431
$1,800,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1913
County:
Area:

School Ratings & Info

Description

Great News for Investors! Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights. 505 West 183rd Street is a 30-unit, 6-story walk-up apartment building offering approximately 21,744 square feet of interior space on a 6,368-square-foot lot. The property is being offered at $1.8 million. Also available is 509 West 183rd Street, a neighboring building of similar size and configuration, also offered at $1.8 million. This presents a rare opportunity for investors to acquire both properties as a package and significantly expand their portfolio in one of Manhattan's most established residential neighborhoods. The buildings are conveniently located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street Station, providing excellent transportation access throughout the city. Opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-13T00:19:28.97.
www.thisoldhudsonrealestate.com/homes/178083393
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505 W 183rd Street New York (Manhattan), NY 10033

  • Price: $1,800,000
  • Status: Active
  • On Site: Days
  • MLS #: 1017431
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1913
Built
Neighborhood:
New York
County:
Manhattan
Area:
New York
Property Description
Great News for Investors! Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights. 505 West 183rd Street is a 30-unit, 6-story walk-up apartment building offering approximately 21,744 square feet of interior space on a 6,368-square-foot lot. The property is being offered at $1.8 million. Also available is 509 West 183rd Street, a neighboring building of similar size and configuration, also offered at $1.8 million. This presents a rare opportunity for investors to acquire both properties as a package and significantly expand their portfolio in one of Manhattan's most established residential neighborhoods. The buildings are conveniently located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street Station, providing excellent transportation access throughout the city. Opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.
Exterior Features

Construction Materials Brick Cross Street Audubon Avenue and Amsterdam Avenue Parking Features None Property Attached YN Yes Stories Total 6 Waterfront YN No

Interior Features

Basement Details FullStorage Space Basement YN Yes Cooling None

Property Features

Annual Rental Income 412266 Building Area Total 21744 Heating Natural Gas Lot Size Area 6368 Operating Expense 205698 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 85978 Tax Source Other Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning R7-2

Listing courtesy of Yin C. Koh of MYNY Residential:
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-13T00:19:28.97.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534