Portfolio

103-105 West 105th Street

Key facts

Building Area Gross
Number of units 10

Portfolio description

JLL has been retained on an exclusive basis to arrange for the sale of 103 & 105 West 105th Street (the “Properties”), adjacent 25’ wide, 5.5 story walk-ups located two blocks west of Central Park. The buildings sit just off the corner of Columbus Avenue in area poised to continue its post-pandemic recovery as Columbia University returns to full operations in ’23. The Properties are coming out of long-term ownership and feature multiple paths to add value over both the near and long term. Purchasers will benefit from a rising rental market with ample opportunity to programmatically reposition the properties to meet current and future demand.  

Investment highlights

  • 70% Free Market
  • Previous Sub-Rehab with Path to Full Decontrol 
  • Value-Add Opportunity
  • Individual Boilers & Hot Water Systems
  • ~12-Year Family Ownership
  • Tax Class Protected
  • Additional Air Rights
  • Proximity to Columbia University / 1, B, and C Subway Lines
  • Ideal Share Apartments for Students or Young Professionals


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103-105 West 105th Street (2 Properties)
103 West 105th Street
New York, NY, United States
105 West 105th Street
New York, NY, United States
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Last Updated Date: 29 Jul 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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