Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area

Property Description

JLL has been retained on an exclusive basis to arrange

for the sale of 17 West 82nd Street, a 23’ wide multifamily

brownstone located on the north side of West

82nd Street steps from Central Park. The property

has been owned and managed by the same family for

multiple generations and is being offered for sale for

the first time in nearly 50 years.


Constructed in 1886 as one of an original row of nine

houses, this exceptionally wide townhouse is currently

configured as 8 apartments of which 6 are Free Market

and 2 are Rent Controlled. The apartments consist of a

triplex with private elevator and a spacious garden, a

one-bedroom two-bath duplex, a three-bedroom floorthrough

with a balcony and solarium overlooking the

garden, a three-bedroom duplex with two large roof

decks, and 4 one-bedroom apartments. The triplex

was formally owner occupied and is currently vacant

and ideal for an end user.


The property features 7 floors of living space with tall

ceilings throughout, the original wooden staircase,

ample outdoor space and a favorable Class 2B Tax

Status. Its 23-feet in width is a rarity which presents

purchasers with significant flexibility when designing

future plans. Recent improvements include the

installation of a private elevator in the triplex and a full

façade replacement. The house lies within the Upper

West Side – Central Park West Historic District and

possesses approximately 2,012 SF of additional air-rights.

Any future use of the air-rights will be subject

to Landmark’s & Preservation Commissions approval.


Due to its width and stellar location, 17 West 82nd Street

presents an exceptional opportunity for investment or

live-plus-income for an owner/user, with substantive

future appreciation potential as a single-family home.


The property is being offered on an as-is, where-is,

basis.

Investment Highlights

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Last Updated Date: 21 Jan 2021
Hall Oster
Hall Oster
Managing Director, Capital Markets
License details
NY-10401321782

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Last Updated Date: 21 Jan 2021

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