About this property
41 West 68th Street is a multi-unit townhouse offering an ideal owner/user scenario or investment opportunity. Situated on a prime Upper West Side block between Central Park West and Columbus Avenue. The five story plus basement—Renaissance and Romanesque Revival style townhouse—currently offers the entire parlor floor, garden rear, second and third floor front, and fourth floor rear apartments vacant. Fully rented – the current yearly gross rental income including the parlor floor at $4,200 a month would be $273,636.
Henry Andersen was the architect and Duncan C. McKinley the builder of the house circa 1892-94. The facade is painted brownstone and retains many of its original decorative elements as well as the stoop. Inside, one is welcomed into a beautiful original carved wood entry. The house offers an owner/user the ability to have the entire parlor floor (vacant – owner occupied) for their own use as well as the possibility of combining it to the garden rear apartment (vacant – R.S) to create a wonderful garden duplex while maintaining a healthy rent roll to offset their costs.
The location couldn’t be more desirable. Exit 41 West 68th Street and go left to Central Park for world-class outdoor enjoyment, or go right to Columbus Avenue for the many delicious restaurants and chic shops that the Upper West Side of New York has to offer. A few blocks south and you’re in the heart of Lincoln Center.
Whether you plan to use part of the house as home/pied—terre – or rent the entire house out – this is an amazing opportunity to enjoy the beauty and ease of the Upper West Side.
The house is SHOWN BY APPOINTMENT ONLY. Please contact us today to schedule yours.
Listing Courtesy of Amy Arpadi, Alan Berger