256 - 258 WEST 97 STREET

For Sale - Manhattan - Upper West Side

$14,000,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Upper West Side
Property Dimensions
50.0 x 90.0
Property Area
0 sq.ft.
Total Units:
93
Stories:
7
NOI
Contact Agent
Price
$14,000,000
Price Per Unit
$150,537
Cap Rate
-%

Listing Description

Avison Young, as exclusive agent, is pleased to offer 258 West 97th Street for sale. This property is a seven-story, mixed-use residential building with 49 feet of frontage; it is comprised of 93 residential units. 258 West 97th Street (the “Property”) is 84% vacant and contains 15 SRO tenants. With two years remaining on The Property’s in-place certificate of non-harassment (CONH) this building presents investors and developers with a variety of development and conversion opportunities. Moreover, there are approximately ±24,100 square feet of excess air rights as-of-right.

Property Details

Block/Lot:
1868/59
Lot Dimensions
50.0 x 100.92
Lot Area
5,046 sq.ft
Zoning:
R10A
FAR as Built:
0.0
Max FAR:
10.0
James NelsonAvison Young
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Sales & Transactions

AddressSale PriceSale DateProperty Type
932 AMSTERDAM AVENUE$6,850,00007/25/2018Mixed Use
934 AMSTERDAM AVENUE$6,850,00007/25/2018Mixed Use
16 WEST 88 STREET$8,000,00006/13/2018Mixed Use
208 WEST 80TH STREET$2,000,00006/12/2018Mixed Use
122 WEST 97TH STREET$287,000,00003/30/2018Mixed Use
103 WEST 77TH STREET$1,590,29303/12/2018Mixed Use
103 WEST 77TH STREET$636,11703/12/2018Mixed Use
103 WEST 77TH STREET$954,18003/12/2018Mixed Use
964 AMSTERDAM AVENUE$12,076,00001/17/2018Mixed Use
944 COLUMBUS AVENUE$4,200,00001/12/2018Mixed Use