
164 East 61st Street
US - New York, NY
€7,759,000 | 5 units
Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker is pleased to present Carmel Center, a 322-apartment and townhome community and city landmark located at the heart of downtown Carmel, Indiana. Built in 2002, the colonial-style Property’s spacious one- and two-bed apartments and four-bed, tri-level townhomes boast award-winning floor plans and details that are unmatched in newer construction. With limited interior upgrades, Carmel Center is prime for programmatic luxury value-add renovations to cater to Carmel’s affluent residents.
Institutionally owned and managed, the Property has benefited from continued investment including a $1.3M complete revamp of the clubhouse and leasing center in 2022.
Overlooking Carmel’s spectacular Veterans Memorial and Reflection Pool, Carmel Center boasts an irreplaceable location just steps from the Monon Recreation Trail, Carmel City Center, and the Arts & Design District. Just 15 miles north of downtown Indianapolis, Carmel is Indiana’s top suburb and ranks a “Best Place to Live in America” by Money Magazine and Niche.com. With access to more than 40 corporate HQs along US-31/Meridian St, A+ rated schools, and leading healthcare, Carmel consistently attracts Indianapolis’ top-earning young professionals, families, and empty nesters seeking elite suburban living.
This unbeatable opportunity is available with accretive assumable financing.
Irreplaceable Carmel Asset
Prime for Luxury Value-Add
#1 Best Place to Live in US
Robust Submarket Fundamentals