Description

BKREA has been exclusively retained to arrange the sale of 500–504 Columbus Avenue, a five-story mixed-use building located on the northwest corner of West 84th Street and Columbus Avenue, offering a rare residential redevelopment opportunity in the heart of the Upper West Side. Situated on a 10,217-square-foot corner lot, the property totals approximately 35,258 square feet and is anchored at the ground floor by Gristedes supermarket, with additional retail tenants including Park West Laundromat and a shoe repair shop, while the upper floors consist of vacant residential units featuring 12-foot ceiling heights. As a contributing property within the Upper West Side/Central Park West Historic District, preliminary studies suggest potential to restore the building to its prior non-conforming configuration and pursue additional vertical expansion. Located in one of New York City’s most desirable and supply-constrained residential neighborhoods, the property benefits from immediate proximity to Central Park and Riverside Park, renowned dining destinations, and top-tier private schools, making it a highly compelling opportunity combining prime location, redevelopment upside, and a stable retail foundation.