318 W 102nd St - Apartments FOR SALE


New York, NY 10025- Upper West Side
$4,450,000 USD
212-377-2278
318 W 102nd St, New York, NY for Sale
$4,450,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

318 W 102nd St
New York, NY 10025
Upper West Side


OVERVIEW

JLL has been retained on an exclusive basis to arrange for the sale of 318 West 102nd Street, an 20’ wide Renaissance Revival townhouse located on the south side of West 102nd Street between West End Avenue and Riverside Drive. Originally constructed in 1889-1897, the house was most recently configured as an owner’s garden duplex with three floor through apartments above. The property is now vacant and poised for conversion to a single-family home or renovation into a live plus income opportunity. Current ownership has approved plans from DOB & LPC to create a luxury three family townhouse. Features include tall ceilings peaking at 11’ on the parlor level, a generous sized south facing garden, ample light and air throughout, a basement with 8’ ceiling height and favorable 2024/2025 taxes of $34,784. The property possesses approximately 1,734 SF of excess airrights which could be used to expand the overall square footage by squaring off the rear extension or adding a partial 6th story. Any plans for use of the excess air-rights will be subject to Landmarks Preservation Commission approval as the property lies within the Riverside – West End Historic District Extension II. 318 West 102nd Street will appeal to an array of purchasers interested in acquiring a vacant townhouse on a prime Riverside – West End Park block. With vacant delivery purchasers will have the flexibility of operating the house as an investment property, creating a spacious owner’s unit while deriving supplemental income from the remaining rentals, or undertaking a complete renovation to a single-family home. The property will be sold on an as-is where-is basis

FOR SALE DETAILS

PRICE

$4,450,000 USD

PRICE/SF

$702 USD /SF

# OF UNITS

5

PRICE/UNIT

$890,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,017 SF

ZONING

R8B

APN/PARCEL ID

1889-0169

ASK ABOUT THIS PROPERTY

212-377-2278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

212-377-2278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.