John J. Stewart & Associates of Marcus & Millichap was the exclusive sales broker for 55 West 86th Street, a five-story walk-up mixed-use building on West 86th Street between Central Park West and Columbus Avenue on the Upper West Side.  The subject property has been used and managed by the same family for over thirty years.

The subject property measures approximately 20 feet by 96 feet totaling approximately 9,240 square feet and sits on a 20 foot by 100.67-foot R10A, C1-5-zoned lot.  The property has approximately 10,900 square feet of remaining developable rights and is in the Upper West Side/Central Park West Historic District.

The subject property contains five apartments and two commercial spaces.  Of the five apartments, four are free-market and one is rent controlled.  The unit mix is two floor though one bedrooms and three studio apartments.  The ground floor and basement commercial space is approximately 3,500 square feet and is occupied by the owner’s medical practice.  The commercial space is complete with a full basement with 9-foot ceilings and will be delivered vacant upon sale.  There is office space on the second floor which will also be delivered vacant.

The subject property is located 100 feet east of Columbus Avenue on one of the Upper West Side’s primary blocks.  The neighborhood is one of the most desirable in Manhattan for professionals, high-net worth individuals, restaurants, bars and retailers.