
Mezza
US - Jacksonville, FL
440 units
JLL has been retained on an exclusive basis to arrange
for the sale of 133 West 70th Street, a ~20’ wide 6-story
elevatored former convent located on the north side of
West 70th Street between Broadway and Columbus
Avenue. The property is approximately 8,045 square
feet above grade and will be delivered vacant at closing.
The building will attract purchasers looking to acquire an
asset with zero exposure to Rent Regulation in a Manhattan
neighborhood anchored by strong fundamentals and
steady rent growth. 133 West 70th Street is currently
configured as a 6-story convent with multiple rooms
and restrooms on each floor and an extra-large three-story
extension built to a depth of approximately 86’. The
extension features large windows providing exceptional
light and air overlooking the adjacent gardens to the east.
The building also has an elevator shaft and cab in-place
ready for new equipment. Vacant delivery of the property
allows purchasers the flexibility to convert to a single-family,
live + income, multifamily investment property, or
continue to operate the building for non-profit use.
Exemption for Rent Regulation
Value-Add Opportunity
6 Stories / 8,045 Square Feet
Vacant Delivery
Elevatored
Tall Ceilings with Large Extension
2 blocks from 1,2,3 Subway Lines
2 Blocks from Central Park and Riverside Drive Park