37 W 71ST Street TH
$5,000,000
MLS# RLS20111337 · Lincoln Square
Listed August 27, 2026 · 75 days on the market
10 Beds 10 Baths
About This Property
Located on one of the Upper West Side's most coveted tree-lined blocks between Central Park West and Columbus Avenue, 37 West 71st Street presents a rare opportunity to acquire a classic Manhattan townhouse apartment building with significant value-add and future development potential.Built in 1900 and situated within the highly desirable Lincoln Square/Upper West Side neighborhood, the property consists of ten residential units across approximately 6,234 square feet. The building currently comprises eight free-market apartments, offering investors immediate operational upside through strategic renovations, rental repositioning, and long-term asset management.The property sits on a 19' x 102' lot within an R8B zoning district and is currently built to approximately 3.21 FAR, leaving roughly 1,500+ square feet of additional residential development rights. This excess FAR provides future ownership with flexibility to explore expansion opportunities, subject to applicable approvals and due diligence.Positioned moments from Central Park, Lincoln Center, Columbus Avenue's renowned dining corridor, and multiple subway lines including the 1, 2, 3, B, and C trains, the asset benefits from exceptional neighborhood fundamentals and enduring demand. The property is also located in the center of everything, creating accessibility and further enhancing its long-term desirability.The Upper West Side townhouse market continues to attract investors, family offices, and developers seeking irreplaceable assets with stable cash flow and embedded appreciation potential. With a highly favorable unit mix, substantial free-market exposure, and future development optionality, 37 West 71st Street represents a compelling opportunity to acquire a well-located Manhattan multifamily asset in one of New York City's most prestigious residential neighborhoods.
Agent's Note
From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Douglas Elliman Real Estate.
Ten residential units across about 6,234 square feet make up 37 West 71st Street, a townhouse building that dates to 1900, and eight of those units are free-market apartments. A townhouse gives its occupants separation across floors, and that's the real gain here. The trade-off is that stairs, maintenance and ownership responsibilities come with the building, so weigh those early.
The building sits on the block between Central Park West and Columbus Avenue, and Central Park is about 3 minutes away on foot. The B and C trains at 72nd Street are about 2 minutes away, and the 1, 2 and 3 trains are about 7 minutes. For everyday errands, JNH Produce is about 2 minutes away, and Morton Williams is about 6 minutes. Friedman's and Pomodoro Rosso are each about 2 minutes away when you'd rather eat out.
The listing notes a decorative fireplace, a city view and a city lights view. I'd see the view for yourself at dusk, since that's when the lights are on and it tells you more than a description can.
Pets are allowed, with a weight limit of 25 pounds.
Quick answers+
Are pets allowed?
Yes. Pets are allowed with a weight limit of 25 pounds.
Does the home have a fireplace?
Yes. It has a decorative fireplace.
Does the home have a view?
Yes. It has a city view and a city lights view.
Curtis Bain
Brown Harris Stevens
Property Features
Policies
- Pets allowed25 lbs Pets Allowed Weight Limit 25 lbs.
Home features
- Washer/dryer allowed
- Decorative fireplace
- City lights view
- City view
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$25,283 / month
- Principal and interest$25,283
Due at closing
- Down payment (20%)$1,000,000
- NYS “mansion tax” (2.25%)$112,500
- Mortgage recording tax (1.925%)$77,000
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Location & Nearby
Map
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37 W 71ST Street TH
Subway
- BC72 StAbout 2 min walk
- 12372 StAbout 7 min walk · Accessible
- 166 St-Lincoln CenterAbout 8 min walk · Accessible
- BC81 St-Museum of Natural HistoryAbout 12 min walk
Parks
- Central ParkAbout 3 min walk
- Theodore Roosevelt ParkAbout 8 min walk
- Damrosch ParkAbout 11 min walk
Public schools · Elementary schools
- Special Music SchoolAbout 7 min walk
- The Anderson SchoolAbout 8 min walk
- P.S. 199 Jesse Isidor StrausAbout 10 min walk
Middle schools
- M.S. M245 The Computer SchoolAbout 8 min walk
- M.S. M247 Dual Language Middle SchoolAbout 8 min walk
High schools
- Urban Assembly School for Media Studies, TheAbout 11 min walk
- High School of Arts and TechnologyAbout 11 min walk
Colleges & universities
- The Juilliard SchoolAbout 9 min walk
- New York Institute of TechnologyAbout 14 min walk
- John Jay College (CUNY)About 19 min walk
- Bard Graduate CenterAbout 20 min walk
Museums
- American Folk Art MuseumAbout 8 min walk
- Museum of Biblical ArtAbout 13 min walk
- American Museum of Natural HistoryAbout 16 min walk
- Museum of Arts & DesignAbout 17 min walk
Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.
The Neighborhood
About Upper West Side
Lincoln Square is covered by our Upper West Side guide.
Grand prewar residences flanked by two iconic parks and world-renowned cultural institutions.
Walkability
9/10
Public transit
9/10
Schools
10/10
Dining
9/10
Groceries & parks
9/10
Schools in Upper West Side
Strong public schools like PS 87 and PS 199, top progressive private schools, and many students who transition into elite NYC high schools.
Private schools in the area include Collegiate School, Trinity School, Columbia Grammar & Preparatory School, The Calhoun School.
Gallery
Property Photos
Listing Courtesy of Douglas Elliman Real Estate
This 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.