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Key Facts
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Property Description
JLL has been retained on an exclusive basis to arrange
for the sale of 17 West 82nd Street, a 23’ wide multifamily
brownstone located on the north side of West
82nd Street steps from Central Park. The property
has been owned and managed by the same family for
multiple generations and is being offered for sale for
the first time in nearly 50 years.
Constructed in 1886 as one of an original row of nine
houses, this exceptionally wide townhouse is currently
configured as 8 apartments of which 6 are Free Market
and 2 are Rent Controlled. The apartments consist of a
triplex with private elevator and a spacious garden, a
one-bedroom two-bath duplex, a three-bedroom floorthrough
with a balcony and solarium overlooking the
garden, a three-bedroom duplex with two large roof
decks, and 4 one-bedroom apartments. The triplex
was formally owner occupied and is currently vacant
and ideal for an end user.
The property features 7 floors of living space with tall
ceilings throughout, the original wooden staircase,
ample outdoor space and a favorable Class 2B Tax
Status. Its 23-feet in width is a rarity which presents
purchasers with significant flexibility when designing
future plans. Recent improvements include the
installation of a private elevator in the triplex and a full
façade replacement. The house lies within the Upper
West Side – Central Park West Historic District and
possesses approximately 2,012 SF of additional air-rights.
Any future use of the air-rights will be subject
to Landmark’s & Preservation Commissions approval.
Due to its width and stellar location, 17 West 82nd Street
presents an exceptional opportunity for investment or
live-plus-income for an owner/user, with substantive
future appreciation potential as a single-family home.
The property is being offered on an as-is, where-is,
basis.
Investment Highlights
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