The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

23 West 69th Street

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Currently configured as a five-unit elevatored income-producing property, 23 West 69th Street also offers the opportunity to create a grand seven-story single-family residence. DOB-approved plans envision six bedrooms, a garden-level roof deck, a finished spa basement with pool, and a striking rear wall of glass. In its existing layout, three of the five apartments enjoy private outdoor space, complemented by five decorative fireplaces and a commercial-grade elevator. Surrounded by low-rise, landmarked townhouses, the home benefits from exceptional natural light.

Built circa 1892 by noted architect Gilbert A. Schellenger, this 20-foot-wide townhouse is ideally situated on a prime Central Park block on Manhattan’s Upper West Side, moments from Sheep Meadow and Tavern on the Green, within the Upper West Side-Central Park West Historic District. The property is also close to Lincoln Center, the Metropolitan Opera, Juilliard, LaGuardia High School of Music & Art and Performing Arts, Fordham University, and Columbus Circle, home to Jazz at Lincoln Center and some of the neighborhood’s finest dining and shopping.

As a rental asset, the building offers a strong rent roll and consistently low vacancy. Alternatively, it presents flexibility as a live/work residence or an owner’s home with supplemental income. Comprising a collection of well-proportioned duplex and triplex apartments in a serene, picturesque setting, this is a rare and compelling opportunity.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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