Manhattan Valley multi-housing property for sale

NEW YORK, April 27, 2022 – JLL Capital Markets announced today that it has been engaged to market for sale 12 West 104th Street, a freestanding, 27-foot-wide, five-story walk-up building located steps from Central Park with an anticipated pricing of $9.25 million.

Configured as 16 apartments, the property is comprised of approximately 10,434 square feet inclusive of the basement. The free-market residential units are configured as 16 two-bedrooms, and the property features several technology upgrades, including Latch locking systems, upgraded Comelit intercoms and cloud-based cameras located in the common areas.

Flanked by two city-owned gardens, the property is positioned a short distance from Columbia University, Whole Foods at Columbus Square, the subway lines at West 103rd Street and Central Park West, 110th Street and Malcolm X Boulevard.

The JLL team representing the seller is being led by Managing Directors Hall Oster and Jonathan Hageman, Vice Presidents Teddy Galligan and Conrad Martin, and Associate Braedon Gait.

“The building’s location and access to public transportation will act as a sustained catalyst for demand, attracting a broad spectrum of tenants and driving rental growth over the long term,” said Oster. “The property’s proximity to Central Park adds significant appeal to tenants and investors.”

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.