REO | 20 Unit Multifamily Property
$650,000
561 West 144th Street, New York, NY 10031
17,650 sqft
Building Size
4,996 sqft
Lot Area
Details:
Description:
Auction Information:
Bidding opens: Monday, November 2, 2026, at 12:00 PM
Bidding closes: Wednesday, November 4, 2026 at 12:00 PM
Starting Bid: $650,000
Lender REO Sale
5-story, multifamily walk-up building in Hamilton Heights, Manhattan
21 residential units
Approximately 48% of units are free market
17,650 sq ft building on a 4,996 sq ft lot
50 ft of frontage along West 144th Street
Just east of Broadway, with direct subway access at 145th Street (1) and A, B, C & D service at St. Nicholas Avenue
Short walk to Riverbank State Park along the Hudson River
Close to nearby retailers: Foodtown, Starbucks, Dunkin', Sugar Hill Cafe, and Red Kup Coffee
Property tours are available by appointment only. Please contact the listing broker to schedule a tour.
561 W 144th St, New York, NY 10031 presents a rare value-add opportunity in the heart of Hamilton Heights, Manhattan. This 5-story multifamily walk-up spans approximately 17,650 square feet on a 4,996 SF lot and features 21 residential units with 100% occupancy.
Built in 1910, the property offers classic Manhattan apartment building character with meaningful upside, including approximately 48% of units designated as free market. The asset features 50 feet of frontage along West 144th Street and is zoned R7A, making it an attractive investment in a highly desirable Upper Manhattan submarket.
Ideally positioned just east of Broadway, the building is moments from the 145th Street subway station with access to the 1, A, B, C, and D trains, and is a short walk to Riverbank State Park along the Hudson River. Residents benefit from immediate proximity to neighborhood conveniences including Foodtown, Starbucks, Dunkin’, Sugar Hill Cafe, and Red Kup Coffee.
This Lender REO sale combines stable in-place occupancy, prime location, and future upside in one of Manhattan’s most established residential corridors.
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 3% of the Winning Bid Amount
$10,000 Participation Deposit via Wire Deposit only
Subject To Seller Approval
Location
Gallery
