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.

489 West End Avenue

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489 West End Avenue is a Flemish Revival-style townhouse designed by architects Lamb & Rich and constructed in 1892. This property presents an opportunity to own a turnkey historic, income-producing townhouse in the heart of the Upper West Side. Currently configured as a five-unit multi-family residence, this stately property is in excellent condition and offers immediate investment value with all units occupied and generating consistent rental income, as well as flexibility for live-with-income use or eventual conversion to a single-family home. Spanning five stories plus a cellar, this elegant, turn-of-the-century townhouse showcases timeless architectural details and gracious proportions. Each of the five rental apartments is thoughtfully laid out, offering generous living space, ample natural light, in-unit laundry, and private outdoor access in two of the units. Positioned on a wide, tree-lined avenue and surrounded by landmarked townhouses and historic prewar buildings, 489 West End Avenue is nestled in one of the most tranquil and sought-after pockets of the Upper West Side. The building’s orientation ensures an abundance of natural light throughout the day, and its location provides unparalleled access to Riverside Park, top-tier schools, and the cultural offerings of Lincoln Center, the American Museum of Natural History, and more.



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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