As a strategic asset in the heart of the Upper West Side, 157 West 83rd Street represents a premier investment opportunity within one of Manhattan’s most resilient residential submarkets. From a brokerage perspective, this property benefits significantly from its proximity to Central Park and the Museum of Natural History, ensuring consistently high tenant demand and low vacancy rates. We advise investors to leverage the historic charm and prime location for a long-term hold or a value-add renovation strategy, as the limited inventory and high barriers to entry in this corridor continue to drive robust capital appreciation and premium rental yields.
| Building Address: | 157 W 83rd St, New York NY 10024 |
| Zip Code: | 10024 |
| Neighborhood: | Upper West Side |
| Borough: | Manhattan |
| Stories: | 5 |
| Year Built: | 1931 |
| Building Class: | C |
157 West 83rd Street is a five-story building constructed in 1931. Originally designed as a garage, its architectural design was created by De Young & Moscowitz. The building was developed and built by Gowal Holding Corp.
While the building is not officially designated as a New York City landmark and is not listed on the National Register of Historic Places, it remains a part of the architectural fabric of the Upper West Side neighborhood in Manhattan.
This specialty property is located on the Upper West Side of Manhattan, offering a unique blend of historical significance and modern amenities. It was built in 1931 and features column-free floors with 15' ceiling heights, making it a versatile space.
The property spans a total of 32,568 square feet, with each floor covering 6,513 square feet. Its proximity to Central Park makes it an attractive location for various uses.
A parking garage is operated at this location, providing convenient valet services and accommodating a range of vehicles, including Tesla models.
157 W 83rd St, Manhattan, NYC, is a commercial building constructed in 1931, featuring 5 stories. It is located on the Upper West Side, close to Central Park. The building is known for its proximity to various amenities and transportation options, including several subway lines.
A notable space within the building is the second-floor medical space, which spans 6,510 square feet. This area highlights the building's versatility and accommodation for different types of businesses.
The building is part of a vibrant neighborhood with access to excellent dining options and cultural landmarks like the American Museum of Natural History and Lincoln Center.
In the vicinity of 157 W 83rd St, Manhattan, NYC, several internet providers are available:
157 West 83rd Street is situated on West 83rd Street between Amsterdam Avenue and Columbus Avenue in Manhattan’s Upper West Side, New York City.
The nearest subway station is 86 Street, served by the 1 and 2 lines, located approximately 0.3 miles from 157 West 83rd Street.
Major nearby airports include LaGuardia Airport, about 9.2 miles (21 minutes) away, and Newark Liberty International Airport, approximately 15.9 miles (25 minutes) away.