37 W 71st Street #TH, Manhattan, NY 10023
Local realty services provided by:CENTURY 21 Awaye Realty
37 W 71st Street #TH,Manhattan, NY 10023
$5,000,000
- 10 Beds
- 10 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jonathan aguilar, michael joshua falchiere
Office: douglas elliman real estate
MLS#:RLS20111337
Source:NY_REBNY
Price summary
- Price:$5,000,000
About this home
<p> </p> <p>Located on one of the Upper West Side's most coveted tree-lined blocks between Central Park West and Columbus Avenue, 37 West 71st Street presents a rare opportunity to acquire a classic Manhattan townhouse apartment building with significant value-add and future development potential.</p> <p>Built in 1900 and situated within the highly desirable Lincoln Square/Upper West Side neighborhood, the property consists of ten residential units across approximately 6,234 square feet. The building currently comprises eight free-market apartments, offering investors immediate operational upside through strategic renovations, rental repositioning, and long-term asset management.</p> <p>The property sits on a 19' x 102' lot within an R8B zoning district and is currently built to approximately 3.21 FAR, leaving roughly 1,500+ square feet of additional residential development rights. This excess FAR provides future ownership with flexibility to explore expansion opportunities, subject to applicable approvals and due diligence.</p> <p>Positioned moments from Central Park, Lincoln Center, Columbus Avenue's renowned dining corridor, and multiple subway lines including the 1, 2, 3, B, and C trains, the asset benefits from exceptional neighborhood fundamentals and enduring demand. The property is also located in the center of everything, creating accessibility and further enhancing its long-term desirability.</p> <p>The Upper West Side townhouse market continues to attract investors, family offices, and developers seeking irreplaceable assets with stable cash flow and embedded appreciation potential. With a highly favorable unit mix, substantial free-market exposure, and future development optionality, 37 West 71st Street represents a compelling opportunity to acquire a well-located Manhattan multifamily asset in one of New York City's most prestigious residential neighborhoods.</p> <p> </p>...
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Home facts
- Year built:1900
- Subdivision & Development:Lincoln Square
- Listing ID #:RLS20111337
- Added:59 day(s) ago
- Updated:October 26, 2026 at 11:13 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:10
- Rooms Total:10
- Basement:Yes
Structure and exterior
- Year built:1900
Finances and disclosures
- Price:$5,000,000
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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