Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Massey Knakal Retained Exclusively To Sell Townhouse On Upper West Side

01/18/2013

Massey Knakal Realty Services has been retained on an exclusive basis to sell a townhouse at 330 West 86th Street. The property is located between West End Avenue and Riverside Drive in the Riverside-West End Historic District of Manhattan’s Upper West Side. The asking price is $6,750,000.

This five-story townhouse contains approximately 6,425 square feet and sits on a 20’ x 102.17’ lot.  It benefits from a four-story rear extension and a full basement which could be recaptured to create additional useable space.  The property is currently vacant and being reconfigured as ten free market apartments, of which eight are two-bedrooms and two are one-bedroom.  Infrastructure improvements include new plumbing, new electric service and risers, new gas sleeve for conversion to a gas boiler, new roof, and new windows.

The property lies within the new Riverside-West End Historic District, and the approximately 13,319 square feet of remaining air rights will be retained by the seller.  The property will be sold on an as-is basis, and is ideal for an owner occupant, conversion to single family, or as a luxury rental.

For more information on this listing, contact Massey Knakal Partner James P. Nelson or First Vice President of Sales Hall Oster at 212.696.2500.

Massey Knakal specializes in the sale of investment and user properties in the New York Metropolitan area. Since 1988, our agents have closed over 4,200 transactions having a market value in excess of $15 billion.

www.masseyknakal.com

01/18/2013 - 16:09

Source

Cushman & Wakefield Capital Markets Group New York

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