175 West 95th Street - 110 Residential Condominium Units

-110 condominium sponsor units in a 27-Story, 226-unit, luxury tower spanning the entire western blockfront of Amsterdam Avenue between West 95th and West 96th Streets

-Constructed in 1971, the 306K square foot residential tower was converted to a condominium in 2015

-The package is not affected by the 2019 HSTPA regulations. All 110 units are leased to Rent Stabilized tenants and any unit that becomes vacant will revert to 100% Free Market status

-Upon vacancy the units can either be leased at market rent or sold off individually

-Average renovated condo sellouts achieved by ownership exceed $1,737 PSF since January 2021 with a high-water mark of $1,871 PSF - an attractive and attainable condominium price point for an Upper West Side location in today’s market

-Average sellouts within the package range from $750K - $2.5M on a nominal basis - the most liquid price point in the NYC condo market

-71% of the units are located on upper floors 10-28 offering sweeping views of the Hudson River and city skyline. 98 (89%) of the units feature private outdoor space

-68 (62%) of the units are 2-3 bed layouts ideal for the largest target UWS demographic of families. 51 of these 68 units have both corner exposure and private terraces offering valuable light & air and commanding a premium PPSF

-Highly amenitized building in the heart of the Upper West Side featuring a landscaped outdoor terrace with children’s playground, 24/7 concierge lobby, fitness center, bike storage and inbuilding garage

-Attractive and safe neighborhood for target family demographic with top tier public and private schools within walking distance (Trinity School, Dwight School, Columbia Preparatory and Grammar School, PS 75)