248 W 102nd St #TOWNHOUSE, New York, NY 10025

JLL has been retained on an exclusive basis to arrange for the sale of 248 West 102nd Street, a 20’ wide, 5-story apartment house in pristine condition located on the south side of West 102nd Street between Broadway and West End Avenue. The 70% Free Market building is configured as 10 units and comprised of approximately 6,714 SF above grade. The property has been owned by the same family for three generations and is available for the first time in over ~35 years. The apartments are arranged as eight 1-bedrooms, and two 2-bedrooms of which 7 are Free Market, 2 are Rent Stabilized and 1 is Rent Controlled. The Free-Market apartments are currently leased for an average of $3,533 per month while the Rent Stabilized units are averaging $1,884 per month. The Rent Controlled unit is currently paying $819 per month. The first-floor front unit (1A) is duplexed to the basement and the two units on the fifth floor (5A and 5B) are both duplexed to the roof and feature expansive private terraces. 248 West 102nd Street will appeal to investors seeking a renovated, low maintenance, mostly Free Market building close to Columbia University. The property will be sold on an as-is where-is basis. Assumable ~$2.1M Chase loan maturing June 2036 (fixed rate of 3.375% through June, 2031)