323 W 89th St New York, NY 10024
Upper West Side NeighborhoodEstimated payment $50,218/month
Highlights
- 5 Fireplaces
- No HOA
- 3-minute walk to Serpentine Promenade
- P.S. 84 Lillian Weber Rated A
About This Home
323 West 89th Street is a Renaissance Revival-style townhouse designed by renowned architect C.P.H. Gilbert and constructed in 1893. With a 5.3% cap rate at the asking price & ideally positioned on a picturesque Riverside Park block in the Upper West Side, this stately, 22-foot-wide property presents a rare opportunity to acquire a turnkey, income-producing multi-family townhouse in one of Manhattan’s most desirable neighborhoods.
Spanning five stories plus basement, the building is currently configured as 10 Free Market apartments, all of which have been recently renovated. The layout includes a mix of studio, one-bedroom, and two-bedroom apartments, with select units featuring private terraces or garden access. High ceilings, wood-burning fireplaces, penthouse additions, and laundry in basement further elevate the offering.
Each apartment is individually metered for electric, with updated infrastructure including a converted gas boiler, in-building sprinkler system, and tenant-paid cooking gas.
Whether held for steady income, converted into a luxurious owner’s residence, or adapted for a live-with-income scenario, 323 West 89th Street stands out for its prime location within the Riverside – West End Avenue Historic District.
Surrounded by landmarked townhouses, tree-lined streets, and steps from Riverside Park, this home offers unmatched access to green space, transportation, and the vibrant cultural institutions of the Upper West Side. The property will be delivered on an as-is, where-is basis.
Listing Agent
Leslie J Garfield & Co Inc License #10301215984 Listed on: 06/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1893
Lot Details
- 1,666 Sq Ft Lot
- Lot Dimensions are 22'x100'
Interior Spaces
- 7,120 Sq Ft Home
- 5 Fireplaces
- Laundry in Basement
Bedrooms and Bathrooms
- 7 Bedrooms
Community Details
- No Home Owners Association
- 10 Units
- Upper West Side Subdivision
- 5-Story Property
Listing and Financial Details
- Property Available on 6/18/25
- Legal Lot and Block 0079 / 01250
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $7,800,000 | -- | $1,096 / Sq Ft |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20032345
APN: 01250-0079
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