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JLL Team Markets Contiguous Upper West Side Brownstones

JLL Capital Markets has been retained to sell 59-61 W. 70th St., two contiguous multifamily brownstones located on Manhattan’s Upper West Side and listed for $13.8 million. The JLL Capital Markets team representing the seller is led by managing directors Paul Smadbeck and Hall Oster; VPs Teddy Galligan and Conrad Martin, and associate Braedon Gait.
 
The two five-story, 20-foot-wide properties, designed by Charles Buek & Co., were constructed in 1890 and 1891. Both buildings are vacant and feature adjoining five-story rear extensions, a bright 40-by-37-foot connected garden area and dual penthouse additions. Each Renaissance Revival-style row house is divided into five expansive fair-market, floor-through apartments.

“The possibilities that come with an offering of this distinction include the ability to convert to a 40-foot wide residential mansion, headquarters for an institution or foundation, or maintaining the current configuration as a trophy investment,” said Smadbeck.

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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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