203 W 80th St PH 1, New York, NY 10024

JLL has been retained on an exclusive basis to arrange for the sale of 203 West 80th Street, an 18' wide, 5-story apartment house located on the north side of West 80th Street between Broadway and Amsterdam Avenues. The property has been owned and managed by the same family for multiple generations and is being offered for sale for the first time in nearly 50 years. The building is configured as 10 apartments, all of which are Free Market. The units consist of 4 one-bedroom apartments, 4 two-bedroom apartments and 2 three-bedroom apartments. The ground floor apartments have been combined with the cellar to create front and back duplexes and the 5th floor apartments have been combined with two 6th floor additions to create front and back penthouses. The property benefits from Tax Class 2B status and features 7 floors of living space, tall ceilings, basement laundry facilities, gracious layouts with ample storage, and private roof terraces for each of the penthouse apartments. Furthermore an abundance of windows run along the eastern side of the building which provides flexibility in unit design. Ownership is in the process of installing a new gas-fired boiler and has recently completed re-pointing on the top two floors. The property possesses approximately 6,710 SF of excess air-rights and lies within the Upper West Side - Central Park West Historic District. Any plans for use of the excess air-rights will be subject to Landmarks Preservation Commission's approval. 203 West 80th Street will appeal to an array of purchasers interested in acquiring a well preserved, fully free market multi-family townhouse with near term upside potential in the rents. 203 West 80th Street is offered as part of the McDonnell Portfolio of four Upper West Side properties which are being offered separately or as a package. Each property will be sold on an as-is, where-is, basis.