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  • $1,986,000

    503 W 168th St #4, New York, NY 10032

    11beds
    3,800sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $523/sqft
    $-- HOA

    What's special

    Wide tree-lined street
    A rare investment opportunity in the heart of Upper Manhattan — this fully detached four-family home sits on a wide, tree-lined street and offers 4,370 sq ft of unused FAR, making it ideal for condominium development under R7-2 zoning. Located near a prestigious Columbia-affiliated university and a renowned hospital, the property is perfectly positioned to attract steady rental income from students and professionals alike. With the A, C, and 1 subway lines just steps away, Midtown Manhattan is only 25 minutes away. The neighboring property recently added two floors, maximizing its development potential — now it's your turn to unlock the value of this underutilized gem. LOT 25 x 95 Building 21 x 45 DETACHED RENT PER MONTH Ground FL $2000 2bed 1bath 1st FL $3100 3bed 2bath 2nd FL $2800 3bed 2bath 3rd FL $2800 3bed 1bath =$10,700 x 12 months =$128,400 ANNUAL EXPENSES $3200 Insurance $3000 Water $6500 Gas & Heat $6485 Taxes =$19,185 Residential FAR 3.44 Facility FAR 6.5 FAR as built 1.60 Allowed usable floor area 8,170 Usable floor area as built 3,800 Unused FAR 4,370
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