Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
119 W 81ST Street
Interested in this property?
Active For Sale Multi Family

$3,500,000

$703 per sq ft

119 W 81ST Street

Upper West Side, Manhattan

MLS® #RLS20086676

RLS at REBNY

Listing by Corcoran Group

10

Bedrooms

10

Baths

4,978

Sq. Ft.

1885

Year Built

Quick Summary

Bedrooms 10
Bathrooms 10
Living Area 4,978 sq ft
Lot Size 1,736.89 sq ft
Year Built 1885
Ownership None
Property Taxes $72,396/yr
Neighborhood Upper West Side
Floor 1 of 5

Property Highlights

  • Views: Other
  • Outdoor Space: Deck, Terrace
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 10 Full
Floor 1 of 5
View Other
Pets Yes
Year Built 1885
Living Area 4,978 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,736.89 sq ft
Parcel # 1212-0026
Block/Lot 01212/0026

Listing History

Event Date Price Change
Listed Apr 24, 2026 $3,500,000 -
Currently Apr 24, 2026 $3,500,000 -

Description

119 West 81st Street - Upper West Side Townhouse Investment Opportunity

A rare opportunity to acquire a beautifully maintained, 10-unit circa-1885 townhouse on a coveted tree-lined block in the heart of the Upper West Side. This classic brownstone can be delivered approximately 40% vacant and spans 5 finished floors plus an unfinished basement, offering exceptional flexibility for both end-users and investors.

Located just moments from American Museum of Natural History and Central Park, and within the sought-after Upper West Side/Central Park West Historic District, the property enjoys picturesque views of surrounding historic townhouses and an unbeatable neighborhood setting.

Measuring 17' x 68' on a generous 102' lot, the building encompasses approximately 5,000 interior square feet plus an additional 685 square feet of exterior space. The current configuration includes 3 one-bedroom apartments and 6 studios, with a flexible layout that allows for reconfiguration-including the potential to combine the fourth-floor units. The 900 Square Foot owner's garden-level residence is a spacious floor through unit created by combining two apartments.

Held by the same family for nearly 50 years, the property features a mix of free-market and rent-stabilized units, making it ideal for a live-plus-income buyer or a strategic long-term investment.

Key Features:
Elegant entry lobby and well-maintained common areas, exposed brick walls, hardwood floors, multiple decorative fireplaces, Ceiling heights ranging from 7'10" to 11'4", Sprinkler system in place, Expansive private garden with decked terrace, plus an additional fourth-floor terrace & approximately 1,970 square feet of unused air rights. The building falls under Tax Class 2B

While the apartments have not been recently renovated, this presents a significant value-add opportunity for the next owner to modernize and maximize income potential.

Perfectly positioned near the best of the Upper West Side, including dining, shopping, and cultural institutions along Columbus and Amsterdam Avenues, the property is also conveniently located near the B/C trains at 81st Street and Central Park West, as well as the 1 train at 79th Street and Broadway, not to mention the Crosstown Bus at 81st & Columbus.

A true Old World gem with tremendous upside in one of Manhattan's most desirable neighborhoods."

Features & Amenities

Interior Features

High Ceilings Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Deck Terrace

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 10
Stories 5
Structure Townhouse

Financial Details

RE Taxes $72,396/yr ($6,033/mo)

The Upper West Side (UWS) is celebrated for its cultural richness and architectural grandeur. Set between Central Park and Riverside Park, the neighborhood provides direct access to green space within the urban grid. Residents enjoy easy access to Lincoln Center, the American Museum of Natural History, and a popular culinary scene. The real estate landscape is famous for its historic brownstones and iconic 'white-glove' apartment buildings along Central Park West and Riverside Drive.

Upper West Side Live Market Data

View Neighborhood

Active Listings

589

Median Asking Price

$1.67M

Median $/Sqft

$1,458

Avg Days on Market

N/A

New This Week

26

Price Reduced

28%

Sold (30 Days)

74

Median Sale Price

$1.86M

Live data from RLS at REBNY • Updated 4/24/26, 6:27 PM EST

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Location

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119 W 81ST Street, Upper West Side, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1885
Year Built
141 years old
4
Floors
9
Residential Units
R8B
Zoning District
Walk-Up Apartments Historic District: Upper West Side / Central Park West Historic District

Tax & Assessment

Assessed Value: $2,082,600
Land Value: $307,350
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,737 SF
Building Area: 4,978 SF
Built FAR: 2.87
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $72,396, or roughly $6,033 per month. Verify the current assessment with your attorney before closing.

This property has 10 bedrooms and 10 full bathrooms.

The listed interior living area is 4,978 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1885, making it approximately 141 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,500,000 for 4,978 sq ft, the asking price per square foot is approximately $703. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20086676
First Listed: 4/24/2026
On Market: 4/24/2026
Price Changed: 4/24/2026
Contract Date: 4/24/2026

Listing Courtesy of Corcoran Group - Ronen Agadi

Listing Contact: (516) 376-2806

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 10:27 PM UTC

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