New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
JLL Team Markets Harlem Apartments
Delshah Capital has hired JLL Capital Markets to market 321 Lenox Ave., a Harlem residential property in an Opportunity Zone.
Also known as 101 W. 126th St. and with immediate access to the 2/3 subway station, the six-story building features 32 rental apartments and one commercial unit. Delshah is currently accepting proposals.
The JLL team overseeing the assignment include managing directors Hall Oster and Paul Smadbeck, VPs Teddy Galligan and Conrad Martin, and associate Braedon Gait.
“321 Lenox Avenue is a 100% free-market property, with 143 feet of wrap-around corner frontage and tremendous light and air,” Oster said. “Given the ridership at the 2/3 express subway station, the bustling nature of Harlem’s 125th Street submarket, and the neighborhood’s close proximity to the Lenox Avenue retail corridor, the rental market surrounding 321 Lenox Ave. is poised for increased demand as the rental market matures.”
For comments, questions or concerns, please contact Paul Bubny
