NEW YORK – Jan. 12, 2017 – Cushman & Wakefield is pleased to announce that a set of prime Upper West Side townhouses has been brought to market. The assets are situated along the highly-coveted 70th, 87th, 88th and 89th Streets of Manhattan and are collectively listed at $51,000,000. Individual pricing is available upon request.
“The portfolio will appeal to investors seeking to add quality real estate to their legacy portfolios and those seeking fundamentally sound conversion opportunities featuring an ideal combination of width, location and quality,” said Cushman & Wakefield’s Hall Oster who is exclusively marketing the portfolio with Paul Smadbeck.
The package features three adjacent 23-foot-wide houses on the south side of 88th Street along with 19-foot, 20-foot and 18-foot-wide houses respectively on the Central Park blocks of 87th, 88th and 89th Streets. The seventh house is located on the north side of west 70th Street between Broadway and West End Avenue.
Combined, the houses total 65 residential units of which 41 are free market and 24 are rent stabilized. They consist of 45,287 square feet and offer approximately 5,061 square feet of additional air rights. As each sit within either the West End-Riverside or Central Park West Historic District, any future use of the excess air-rights will be subject to LPC approval.
Nestled in a quaint, tree-lined neighborhood steps from Central Park, one of the city’s longest-standing attractions, The Central Park Columbus Portfolio presents a rare opportunity for any investor seeking to acquire a series of well-located properties in one of the most exclusive and desirable neighborhoods in Manhattan.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit or follow @CushWake on Twitter.