64 W 85th St

Priced aggressively to sell at an attractive 5.26% Cap Rate!
Contact Peter Poidomani, Senior Sales Executive @ (peter.vssrealty@gmail.com) or (630) 235-5004 for an Offer Memorandum.
64 West 85th Street is a classic 19’-wide Renaissance Revival style townhouse, a masterpiece designed by architect Gilbert A. Schellenger and built in 1900. This iconic property, spanning six floors including the lower level, offers approximately 6,998 square feet, presenting a prime investment opportunity!
Consisting of 10 residential units, 9 free-market units and 1 rent-stabilized. It's acquisition presents a versatile income generating property. In addition, offering immediate returns, appreciation, depreciation, and multiple potential development opportunities, such as converting the building it into an owner’s duplex, triplex, quadruplex, plus rental income. This unique building can also be reconfigured into to a luxurious single-family house with a rooftop terrace!
Nestled one half block from Central Park, this townhouse offers direct access to the iconic park, creating an exceptional lifestyle for residents.
The property delivers exceptional value, making it an attractive investment opportunity.
Each unit is flooded with natural light, the beauty of exposed brick, original hearths, and mantelpieces.
Two garden-level units duplex down to the lower level via spiral staircases, providing additional living space and a unique layout.
The rear duplex offers exclusive use of the outdoor rear yard garden area.
Benefit from recent capital improvements, including new domestic water service, fire sprinkler service and new boiler/hot water systems, ensuring the property is well-maintained and ready for its new ownership. Sold As Is, Where Is..