New York & Tri-State + Uptown/Bronx | November 16, 2020

JLL Markets Mixed-Use Harlem Property

JLL Capital Markets was selected to market 173 E. 120th St., a 9,050-square-foot mixed-use property located at the border of Central and East Harlem in New York City. Asking price is $5.25 million.

173 E. 120th is a four-story, 25-foot-wide contemporary building that will be delivered vacant. The property includes a commercial video production studio with high ceilings on the ground floor, and two large residential units with lock-off elevator access.
The building features a first-floor marble lobby, a curb cut and garage available for two cars. There are also additional production facilities in the finished basement.

The JLL team overseeing the marketing of the property includes managing director Paul Smadbeck, VPs Teddy Galligan and Conrad Martin and associate Braedan Gait.

“This unique property is an ideal opportunity for an investor seeking a multi-faceted, turnkey building in a vibrant neighborhood with its own private garage,” Smadbeck said.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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