NEW YORK, NY June 27, 2018 — Cushman & Wakefield today announced that the firm has been retained on an exclusive basis to arrange the sale of an 18 foot wide, 6,042 square-foot Renaissance Revival townhouse located at 106 West 80th Street in Manhattan’s Upper West Side. The asking price is $5,750,000.
A team led by Senior Managing Director Hall Oster, with Senior Managing Director Paul Smadbeck, Director Teddy Galligan, Director Conrad Martin, Senior Associate Bryan Smadbeck and Associate Tim O’ Brien, will represent the seller in all marketing efforts.
“It’s rare to have the opportunity to acquire such a well-conditioned multi-family townhouse on the Museum stretch of West 80th Street,” said Hall Oster of Cushman & Wakefield.
106 West 80th Street contains nine apartments, with five free-market units and four rent-stabilized units. The free-market units were recently renovated and are achieving an average rent of approximately $3,559 per month. The rent-stabilized units are renting for an average of approximately $1,452 per month. The units consist of three duplexes, one three-bedroom floor-through, two one-bedrooms and three studios. The townhouse is well maintained with high ceilings and a bright interior.
Located on the south side of West 80th Street between Columbus and Amsterdam Avenue, the property is located on a quiet stretch, giving the feel of a cul-de-sac. The townhouse is centrally located and easily accessible via the 1, B and C subway stations. Additionally, the property is walking distance from countless neighborhood amenities, shops and restaurants.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.