Nicholas Falcone
Licensed Real Estate Salesperson
REALTOR®
Stamford, NY
Office: (607) 652-2220
(631) 384-1507
Property Description
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. Selling it in its current condition.
503 W 168th Street | MLS# 895768
This multi-family property located at 503 W 168th Street, New York, NY 10032 is currently listed for sale with an asking price of $1,986,000. Search New York real estate on nicholas-falcone.timberlandproperties.com today.
Gallery
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Multi Units
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $6,447
Year Built: 1920
Amenities
Eat-in Kitchen
Feature Descriptions
Building Area Total: 3800
Days on Site: 215
Exterior: Frame
On Market Date: 2025-08-01
Parcel Number: 2125-0050
Rental Term: Monthly
Sewer: Public Sewer
Units: 4
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
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503 W 168th Street, New York, NY 10032
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Estimated Payment
$ 5,536.48 per month $4,419.98 Principal & Interest $537.25 Property Tax $579.25 Homeowner's InsuranceChange Payment Information
Demographics
Listed By / Shown By
Listing By
Agency Name: Find Real Estate LLC
Agency Contact: 212-300-6412
Shown By
Agent Name: Nicholas Falcone
Agent Phone: (631) 384-1507
Agency Title: Timberland Properties
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503 W 168th Street, New York, NY 10032
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