|Number of units||111|
JLL has been retained on an exclusive basis to arrange for the sale of a 111- unit bulk package of residential condominiums at 100 West 93rd Street. Located in the heart of the Upper West Side, on the southwest corner of West 93rd Street and Columbus Avenue, 100 West 93rd Street is an ideal residential destination. Originally built in 1973, the 280 unit approximately 218,000 square foot residential tower was converted to a condominium in 2006.
The offering includes 111 individual condominiums, across approximately 98,363 square feet (including terraces). Many of the units are located on the upper floors offering outdoor space and sweeping views of the Hudson River and Central Park West. The 108 occupied units are currently rent stabilized and the remaining 3 vacant units are entirely free market. This presents an opportunity for an investor to renovate units as they become vacant and sell them off individually, or to release the units at market rents. Furthermore, the private outdoor amenity space on the 2nd floor is substantially underutilized and could be redesigned into a valuable resident destination.