46 W 87TH Street, New York City, NY 10024

46 West 87th Street is a rare opportunity to acquire a fully occupied 13-unit multifamily property on one of the most desirable tree-lined blocks of the Upper West Side, just steps from Central Park.

The building spans 8,861 square feet and features a balanced mix of studios, and one-bedroom units.

Several units include private outdoor space, which continues to command premium rents and drive strong tenant appeal. With efficient layouts, reliable in-place income, and a proven history of consistent occupancy, the property has demonstrated long-term stability while also offering clear potential for future rental growth.

Beyond the asset itself, the location further strengthens the investment case. Residents enjoy immediate access to Central Park, the Museum of Natural History, and a vibrant mix of neighborhood dining, shopping, and cultural destinations. Convenient subway and transit options provide seamless connectivity throughout the city.

This combination of scale, location, and performance positions 46 West 87th Street as a compelling opportunity for investors seeking a stable, cash-flowing multifamily asset with future upside in one of Manhattan’s most iconic and resilient neighborhoods.