JLL Capital Markets is marketing for sale a freestanding walk-up situated steps from Central Park and multiple subway lines
News release
27 April 2022
Manhattan Valley multi-housing property for sale
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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.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.