REO | 20 Units Multifamily Property

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: $550,000

Lender REO Sale
​5-story, multifamily walk-up building in Washington Heights, Manhattan
​20 residential units
​20,500 sq ft building on a 5,833 sq ft lot
​58 ft of frontage along West 180th Street
​Short walk to the George Washington Bridge commercial and transit hub
​Direct subway access at 181st Street (A & 1) for a quick commute to Midtown
​Close to Highbridge Park, Target, and the Radio Hotel

Property tours are available by appointment only.​ Please contact the listing broker to schedule a tour.​
712 W 180th St, New York, NY 10033 presents a rare value-add multifamily opportunity in the heart of Washington Heights, Manhattan.​ This Lender REO sale features a classic 5-story walk-up apartment building containing 20 residential units and approximately 20,500 square feet on a 0.13-acre lot.​
Built in 1909 and currently 85% occupied, the property offers investors the chance to acquire a well-located asset with immediate in-place tenancy and future upside.​ Positioned along West 180th Street with 58 feet of frontage, the building benefits from strong neighborhood fundamentals and excellent connectivity.​
Residents enjoy proximity to the George Washington Bridge commercial corridor, Highbridge Park, Target, and the Radio Hotel, along with convenient access to the A and 1 trains at 181st Street for a quick commute to Midtown.​ Zoned R7-2, this offering combines scale, location, and repositioning potential in one of Northern Manhattan’s most established rental markets.​
​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