14 West 69th Street — Sale in New York, NY

  • Price: $4K
  • Listing type: For sale
  • Asset type: Business
  • Location: New York, NY 10023

Description

JLL has been retained on an exclusive basis to arrange for the sale of 14 West 69th Street, a 25’ wide, 5-story plus penthouse, multifamily townhouse located on the south side of West 69th Street between Columbus Avenue and Central Park West. Designed by renowned architect Leo F. Knust in the Neo-Renaissance style, the ~10,933 Sq. Ft. property is currently configured as 15 Free Market apartments. The layouts consist of 7 studios, 5 one-bedroom, and 3 two-bedroom apartments. The three apartments on the ground floor are duplexed into the basement and two of those units feature private outdoor space. The apartments are currently leased for an average of ~$3,835 per month and have been renovated on a one-off basis over the years giving future ownership the ability to increase revenue through further renovation. 14 West 69th Street will appeal to investors, single family or condominium converters, and an array of potential end-users seeking a low maintenance, multifamily townhouse on a Central Park. Purchasers will have the near-term optionality of increasing the current rent roll while holding the building as an investment, converting the property to a single-family home, or combining multiple apartments to create an owner’s unit while maintaining additional rental income. The property lies within the Upper West Side / Central Park West Historic District and will be sold on an as-is, where-is basis.

Market Context

This commercial property in New York, NY is listed for sale at $3,835. It has been on the market for 83 days. Compare it against other commercial property listings for sale in New York, NY — view the full market.

Contact

Explore this market

Similar Business for Sale in New York, NY