Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1973
Building Area
Land Area ()
Number of units 111

Property Description

JLL has been retained on an exclusive basis to arrange for the sale of a 111- unit bulk package of residential condominiums at 100 West 93rd Street. Located in the heart of the Upper West Side, on the southwest corner of West 93rd Street and Columbus Avenue, 100 West 93rd Street is an ideal residential destination. Originally built in 1973, the 280 unit approximately 218,000 square foot residential tower was converted to a condominium in 2006.

Investment Highlights

The offering includes 111 individual condominiums, across approximately 98,363 square feet (including terraces). Many of the units are located on the upper floors offering outdoor space and sweeping views of the Hudson River and Central Park West. The 108 occupied units are currently rent stabilized and the remaining 3 vacant units are entirely free market. This presents an opportunity for an investor to renovate units as they become vacant and sell them off individually, or to release the units at market rents. Furthermore, the private outdoor amenity space on the 2nd floor is substantially underutilized and could be redesigned into a valuable resident destination.

Last Updated Date: 18 Nov 2020
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
License details
NY-10311207925
Hall Oster
Hall Oster
Managing Director, Capital Markets
License details
NY-10401321782

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Last Updated Date: 18 Nov 2020

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