US - Jacksonville, FL
JLL has been retained on an exclusive basis to arrange for the sale of 788 Riverside Drive, a classic pre-war 10-story elevatored apartment building containing 62 units across 80,678 GSF. Of the 62 apartments, 45 (72%) are rent stabilized, 8 (13%) are rent stabilized at market, 5 (8%) are rent controlled, and 4 (7%) are free market.
Located at the southeast corner of Riverside Drive and West 156th Street, the architecturally impressive 86’ x 103’ property is less than two blocks from the 157th Street Broadway subway station providing convenient access via the 1 train to midtown Manhattan. Featuring stunning Hudson River views from multiple lines of apartments, 788 Riverside Drive is immediately adjacent to the Audubon Terrace complex which runs east of the property the entire block to Broadway. This dramatic open space provides common access to the architecturally significant facilities of Boricua College, the American Academy of Arts and Letters, and the Hispanic Society Museum and Library.