A private family group recently sold a seven-story townhouse in Manhattan’s West End Historic District to a private investor for $6.1 million. Located at 323 West 89th Street, the property operates as a 10-unit multifamily building near Riverside Park and spans 7,120 square feet with various apartment configurations including studios, convertible one-bedrooms and duplex units.
JLL facilitated the transaction with Hall Oster and Teddy Galligan leading the team. According to Galligan “Long term value will be well supported by this property’s proximity to Riverside Park along with an overall supply constrained nature of Upper West Side housing stock.” This sale is indicative of strong demand for residential real estate on New York City’s Upper West Side despite current market conditions due its desirable location near parks and other amenities that make it attractive for investors looking for long term value appreciation potential.
“Van Nuys Industrial Lease Secured by Aviation Manufacturer”
Rancho Realty Group Corporation successfully facilitated the signing of a 31,000-square-foot industrial lease at 7850 Haskell Ave. in Van Nuys.
Steve Griffin
November 22, 2024
