133 West 70th Street_Property for Sale
133 West 70th Street_Property for Sale
133 West 70th Street, New York, NY, 10023, US

133 West 70th Street

Asset Description

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.

...

Attributes

Number of units
1 units
Year built
1910
Building area gross
747 m²

Media

Investment Highlights

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

Contact brokers

133 West 70th Street (0 Properties)

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Last updated
1 May 2023