JLL has been retained on an exclusive basis to arrange for the sale of 268 West 73rd Street, a turnkey, 9-unit apartment building located on the south side of West 73rd Street between Broadway and West End Avenue. The property recently underwent a substantial rehabilitation which included a complete renovation of all apartments (including rent regulated apartments), building systems and common areas.
The building is configured as 9 apartments, of which are 7 are Free Market, 1 is Rent Stabilized and 1 is Rent Controlled. The units consist of one floor though garden apartment and 8 one-bedrooms on floors 2-5. The ground floor apartment features two spacious bedrooms, two bathrooms and exclusive access to the south facing private garden. The upper floors are configured as front and back one-bedroom apartments with ample storage space, oversized operable windows, generous layouts, and high ceilings.
New, Turn-Key Renovation with Luxury Finishes
~80% Free Market With Path to Full Decontrol (Complete Substantial Rehabilitation)
~30% Upside on Rent Regulated Turnover
100% Leased Within 1 Month Post Renovation
Tax Class Protected (2B)
Virtual Doorman & Security System
Central Upper West Side Location
Steps from World-Class Broadway Retail & 2-Min Walk to 1,2,3 Subway Station