$5,500,000
Active
1 days on market
949 Columbus Ave
📍 Upper West Side, New York, NY 10025
20.0
Beds
11.0
Baths
7,750
Sqft
$710
Per sqft
1900
Year built
Co-op
Type
About this property
A 7,750 SF mixed-use walk-up with nine free-market three-bedroom apartments over two commercial spaces: an operating restaurant with basement dining and a retail storefront leased to a shoe store. The headline: six of the nine apartments will be delivered vacant on September 1, and every unit in the building is free-market. An investor can start renovating the majority of the residential portion on day one, with no buyouts to negotiate and no regulated leases to work around. The value-add math is straightforward. Each apartment is a three-bedroom, one-bath layout. Add a second bathroom, in-unit laundry, and updated finishes, and these units rent at a different number. The two commercial ten
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Key facts
1,875 sq ft lot
Built 1900
Property details
Property typeCo-op
Listing statusActive
Lot size1,875 sqft
Year built1900
Days on market1 days
MLS #RLS20106083
Estimated monthly payment
Listing price$5,500,000
Down payment (20%)$1,100,000
Loan amount$4,400,000
Principal & interest (7%, 30yr)$29,273/mo
Property tax (est.)$5,348/mo
Home insurance (est.)$2,291/mo
Estimated total$36,912/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.