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  • 949 Columbus Avenue
  • $ 5,500,000
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025

949 Columbus Avenue

Manhattan Valley   |   West 106th Street & West 107th Street

Building For Sale
$ 5,500,000
Ownership Mixed Use
Lot Size 25'x75'
Floors/Apts 5/9
Status Active
Real Estate Taxes [Per Annum] $ 117,792
Building Type Low-Rise
Building Size 25' wide
Year Built 1900
ASF/ASM 7,750/720
Listing ID: 107395TH

Photos

949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Floor Plan

949 Columbus Avenue Manhattan Valley New York NY 10025

David Calderazzo

License

Broker/Owner


W: 212-828-0492
949 Columbus Avenue Manhattan Valley New York NY 10025

Property Description

A 7,750 SF mixed-use walk-up with nine free-market three-bedroom apartments over two commercial spaces: an operating restaurant with basement dining and a retail storefront leased to a shoe store. The headline: six of the nine apartments will be delivered vacant on September 1, and every unit in the building is free-market. An investor can start renovating the majority of the residential portion on day one, with no buyouts to negotiate and no regulated leases to work around. The value-add math is straightforward. Each apartment is a three-bedroom, one-bath layout. Add a second bathroom, in-unit laundry, and updated finishes, and these units rent at a different number. The two commercial tenants keep paying while the work happens, so the building produces income through the entire reposition. The location does the rest: two short blocks to Central Park, roughly ten blocks to Columbia University, with the 1, B, and C trains nearby and the restaurants of Columbus and Amsterdam at the doorstep. Most value-add deals make you wait years for the vacancy. This one hands it to you at closing.
A 7,750 SF mixed-use walk-up with nine free-market three-bedroom apartments over two commercial spaces: an operating restaurant with basement dining and a retail storefront leased to a shoe store. The headline: six of the nine apartments will be delivered vacant on September 1, and every unit in the building is free-market. An investor can start renovating the majority of the residential portion on day one, with no buyouts to negotiate and no regulated leases to work around. The value-add math is straightforward. Each apartment is a three-bedroom, one-bath layout. Add a second bathroom, in-unit laundry, and updated finishes, and these units rent at a different number. The two commercial tenants keep paying while the work happens, so the building produces income through the entire reposition. The location does the rest: two short blocks to Central Park, roughly ten blocks to Columbia University, with the 1, B, and C trains nearby and the restaurants of Columbus and Amsterdam at the doorstep. Most value-add deals make you wait years for the vacancy. This one hands it to you at closing.

Listing Courtesy of Compass

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C
949 Columbus Avenue Manhattan Valley New York NY 10025
949 Columbus Avenue Manhattan Valley New York NY 10025

Building Details [949 Columbus Avenue]

Ownership Mixed Use
Service Level Voice Intercom
Access Walk-up
Block/Lot 1842/64
Building Size 25' wide
Zoning R8B
Building Type Low-Rise
Year Built 1900
Floors/Apts 5/9
Lot Size 25'x75'

Mortgage Calculator in [US Dollars]

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Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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