318 W 102nd St
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318 W 102nd St
5 Unit Apartment Building $4,450,000 ($890,000/Unit) New York, NY 10025
Executive Summary
JLL has been retained on an exclusive basis to arrange for the
sale of 318 West 102nd Street, an 20’ wide Renaissance Revival
townhouse located on the south side of West 102nd Street
between West End Avenue and Riverside Drive.
Originally constructed in 1889-1897, the house was most recently
configured as an owner’s garden duplex with three floor through
apartments above. The property is now vacant and poised for
conversion to a single-family home or renovation into a live plus
income opportunity. Current ownership has approved plans from
DOB & LPC to create a luxury three family townhouse.
Features include tall ceilings peaking at 11’ on the parlor level,
a generous sized south facing garden, ample light and air
throughout, a basement with 8’ ceiling height and favorable
2024/2025 taxes of $34,784.
The property possesses approximately 1,734 SF of excess airrights which could be used to expand the overall square footage
by squaring off the rear extension or adding a partial 6th story. Any
plans for use of the excess air-rights will be subject to Landmarks
Preservation Commission approval as the property lies within the
Riverside – West End Historic District Extension II.
318 West 102nd Street will appeal to an array of purchasers
interested in acquiring a vacant townhouse on a prime Riverside
– West End Park block. With vacant delivery purchasers will have
the flexibility of operating the house as an investment property,
creating a spacious owner’s unit while deriving supplemental
income from the remaining rentals, or undertaking a complete
renovation to a single-family home. The property will be sold on
an as-is where-is basis
sale of 318 West 102nd Street, an 20’ wide Renaissance Revival
townhouse located on the south side of West 102nd Street
between West End Avenue and Riverside Drive.
Originally constructed in 1889-1897, the house was most recently
configured as an owner’s garden duplex with three floor through
apartments above. The property is now vacant and poised for
conversion to a single-family home or renovation into a live plus
income opportunity. Current ownership has approved plans from
DOB & LPC to create a luxury three family townhouse.
Features include tall ceilings peaking at 11’ on the parlor level,
a generous sized south facing garden, ample light and air
throughout, a basement with 8’ ceiling height and favorable
2024/2025 taxes of $34,784.
The property possesses approximately 1,734 SF of excess airrights which could be used to expand the overall square footage
by squaring off the rear extension or adding a partial 6th story. Any
plans for use of the excess air-rights will be subject to Landmarks
Preservation Commission approval as the property lies within the
Riverside – West End Historic District Extension II.
318 West 102nd Street will appeal to an array of purchasers
interested in acquiring a vacant townhouse on a prime Riverside
– West End Park block. With vacant delivery purchasers will have
the flexibility of operating the house as an investment property,
creating a spacious owner’s unit while deriving supplemental
income from the remaining rentals, or undertaking a complete
renovation to a single-family home. The property will be sold on
an as-is where-is basis
Property Facts
| Price | $4,450,000 | Apartment Style | Mid Rise |
| Price Per Unit | $890,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 5 | Building Size | 6,340 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1910 |
| Price | $4,450,000 |
| Price Per Unit | $890,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 6,340 SF |
| No. Stories | 5 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+1 | 1 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
zoning
| Zoning Code | R8B |
| R8B |
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