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.

567 West 184th Street

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Welcome to 567 W. 184th Street – a charming, 4,685-gsf, 25-foot-wide gem in the heart of bustling Washington Heights, offered at an attractive $190 psf. With 5 spacious, equally sized, 2-bedroom units, this property presents a unique and affordable opportunity to enter the Manhattan multifamily market and build generational wealth. Built in 1920, this classic, well-maintained multifamily property is the blank canvas of your dreams, awaiting your personal touch!

The property is also significantly under-built (current zoning code allows for a building more than twice its current size), creating a host of expansion options for a future owner.

The property will be delivered with two vacant, south-facing, rent-stabilized units – which are stacked directly on top of one another and ready for immediate renovation/combination into a spacious, ~1,800-sf owners unit. The remaining three, rent-regulated units (two rent-stabilized and one rent-controlled), will be delivered with tenants in place.

567 W.184th Street affords a savvy purchaser the rare opportunity to create a custom home in NYC while also benefiting from a reliable, in-place revenue stream to offset annual operating costs.

Equal Housing 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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