471 W End Ave, New York, NY for sale

Investment Overview

Newmark, in partnership with Serhant Real Estate, has been exclusively retained to arrange for the sale of 471 West End Avenue, New York, NY (“The Property”). This 100% vacant, four-story shell is exceptionally well-located on West End Avenue between West 82nd and 83rd Streets in the Upper West Side neighborhood of Manhattan. 471 West End Avenue offers flexible investment potential and comes uniquely with LPC and DOB-approved plans by renowned architecture firm Platt Byard Dovell White (PBDW) for conversion into an ultra-luxurious single-family townhouse. As-is, 471 West End Avenue comprises an existing 6,605-square-foot structure with as-of-right residential buildable potential of approximately 23,230 square feet. The lot is 25’ wide with 100 feet of depth and poses an incredibly rare opportunity for an investor or end user to redevelop a prime UWS building with maximum flexibility and long-term value. 471 West End Avenue will be delivered with both Landmarks Preservation Commission (LPC) and Department of Buildings (DOB) approved plans for a magnificent 5-story single-family townhouse with a built out cellar, basement and roof deck, designed by the renowned architectural firm Platt Byard Dovell White (PBDW). The approved plans unlock extraordinary potential for a luxury residence in one of Manhattan’s most coveted residential neighborhoods. Investors benefit from the Property’s Class 2B protected tax status, and the blank-slate condition allows for immediate execution of the approved vision or a reimagined use. This is a generational opportunity to establish a premier residence or high-end redevelopment in one of Manhattan’s most sought-after neighborhoods.