175 West 95th Street - 110 Residential Condominium Units_판매용 부동산
175 West 95th Street - 110 Residential Condominium Units_판매용 부동산
175 West 95th Street, New York, NY, 10025, US

175 West 95th Street - 110 Residential Condominium Units

자산 설명

JLL has been retained on an exclusive basis to arrange for the sale of a 110-unit bulk package of residential condominiums at 175 West 95th Street, a rare opportunity to acquire a large-scale portfolio of condominium units at a steep discount to market value.

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개요

단위 수
110 단위
점유율
100%
건축년도
1971
건물 면적 순
8,837 제곱미터

미디어

투자 하이라이트

-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)



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