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Deals & Dealmakers

Apartment building near UN hits the market

JLL Capital Markets announced today that it has been engaged to market for sale 110 East 37th St., a 25-foot-wide, six-story elevator apartment building located on the south side of East 37th Street between Park and Lexington Avenues in the Murray Hill neighborhood of Manhattan. The anticipated pricing is $8.95 million.

Situated in an exceptional, world-class location equidistant from Midtown Manhattan, the United Nations, NYU Langone Medical Center and Yeshiva University, 110 East 37th St. contains six large apartments, including a two-bedroom, two-bath garden duplex, three large floor-through units on floors three to five and a bright, spacious south-facing loft/studio on the 6th floor.

Owned and meticulously maintained by the same family for over 30 years, 110 East 37th St. has recently undergone a series of capital improvements including a restored facade and construction of a new common roof deck.  

The JLL team representing the seller is being led by Managing Directors Paul Smadbeck and Clint Olsen, Vice Presidents Teddy Galligan and Conrad Martin and Analyst Stephen Godnick

“We anticipate strong interest from a broad spectrum of investors, residential end-users and foreign governments seeking a home within close proximity to the United Nations,” said Smadbeck.

“The property has a prime location on the edge of midtown Manhattan and a current tenancy that will allow the next owner to reconfigure the existing layouts to suit their needs,” added Olsen. 

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