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Upper West Side Apartments Trade for First Time in 50 Years
JLL Capital Markets completed the $5.4-million sale of 203 W. 80th St., an 8,004-square-foot multifamily property in the Central Park West Historic District on Manhattan’s Upper West Side. The property has been managed by the same family for generations and is trading for the first time in nearly 50 years.
Currently configured with 10 apartments, the five-story property is close to some of the neighborhood’s best restaurants, bars, shopping and cultural institutions, including the American Museum of Natural History.
The JLL Capital Markets team handling the sale included managing directors Paul Smadbeck and Hall Oster, VPs Teddy Galligan and Conrad Martin and associate Braedan Gait.
“203 W. 80th St. is a well-preserved, fully free-market walk-up poised for re-positioning by the purchaser,” Oster said. “It’s in a great pocket of the Upper West Side that will always attract significant rental demand.”
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- ◦Sale/Acquisition
