JLL has been retained on an exclusive basis to arrange for the sale of 567 West 125th Street, a 50’ wide, 6 story, mixeduse building located on the north side of West 125th Street between Broadway and Amsterdam Avenue. The property is ideally situated between Columbia University’s brand new $7 billion Manhattanville Campus and the new 1.1 million square foot Manhattanville Factory District. These new developments will continue to attract new residential tenants to the area and provide demand for high-quality rental housing and serviceoriented retail. In addition to these new drivers the property is well serviced by the 1 train along Broadway which provides convenient access to midtown Manhattan in under 20 minutes and is 1 stop from Columbia’s main campus. 567 West 125th Street contains 22 spacious apartments & 2 retail spaces. Of the 22 residential units, 17 are Free Market (77%), 4 are Rent Stabilized (18%), and 1 is Rent Controlled (5%). Layouts are configured as 1 one-bedroom, 1 four-bedroom and 20 threebedroom units, with an average unit size of approximately 715 square feet. The Free-Market apartments are renting for an average of $66 PSF, or ~$1,129 per bedroom representing a significant discount to city-wide trending rents. The retail is fully leased to Red Olive Deli and Kennedy Fried Chicken through July of 2028 and June of 2039 respectively. The retail is leasing for a blend of $106 PSF with each tenant responsible for an additional 15% share of R.E. Tax escalations over 2018/2019 & 2024/2025 base years respectively. Both tenants have access to additional storage space in the basement The property is heated by a #2 oil-fired boiler, is submetered for both gas and electric, and is located in an Opportunity Zone which lies outside of all Historic Districts. Given the property’s spectacular location near several major market drivers, 567 West 125th Street will appeal to investors seeking a primarily Free Market building in a neighborhood with strong underlying fundamentals and significant barriers to future rental supply. Immediate gains will be realized on subsequent lease turns as the building and area continue to capitalize on strong post-COVID Manhattan rent growth. The property will be sold on an as-is, where-is basis.