- For Sale $2,300,000
- Property Type Multi-Family
- Property Size 21,744 SF
- Units 30
- Lot Size 6,368 SF
- Rental Income / YR $412,266.00
- Taxes / YR $85,978.00
- Zoning R7-2
- # of Floors 6
- Year Built 1913
- Date Updated Jun 24, 2026
Description
Great News for Investors!
Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights.
509 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 $2.3 million.
Also available is 505 West 183rd Street, a neighboring building of similar size and configuration, also offered at $2.3 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.
Ideally located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street subway station, these properties offer excellent accessibility and convenience for tenants.
With strong long-term upside potential and a prime Washington Heights location, opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.
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Contacts
MYNY Commercial
Location
Located at 509 W 183rd St, New York, NY 10033, this property is part of the Washington Heights neighborhood and Manhattan market.
MYNY Commercial