Real Estate Weekly
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Residential

Manhattan Valley multi-housing property for sale

JLL has been retained on an exclusive basis to market for sale 12 West 104th Street, a freestanding, 27-foot-wide, five-story walk-up building located steps from Central Park.

Configured as 16 apartments, the property is comprised of approximately 10,434 square feet inclusive of the useable basement space. 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 benefits from light and air on all four side and is located within a short distance from Columbia University, Whole Foods at Columbus Square, the B&C subway lines at West 103rd Street and the 1 train at West 103 rd Street and Broadway.

A JLL Capital Markets team led by Managing Directors Hall Oster and Jonathan Hageman, Vice Presidents Teddy Galligan and Conrad Martin, and Associate Braedon Gait are handling the assignment. The asking price is $9.25 million.

“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.”

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