102 West 107th Street

For Sale$12,000,000

102 West 107th Street, New York, NY 10025

  • Mixed Use

102 West 107th Street, New York, NY 10025 - Mixed Use Space

102 West 107th Street is located at 102 West 107th Street in the Manhattan Valley neighborhood, NY, New York, 10025. The Mixed Use building features a total of 29,700 Sqft.

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Details

  • Sale Price $12,000,000
  • City New York
  • Neighborhood Manhattan Valley
  • Zip Code 10025
  • Property Type Mixed Use
  • Property Size 29,700 Sqft
  • Date Updated 23 Sep, 2020

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Description

Investment Highlights

Ariel Property Advisors presents 102 West 107th Street, a 75‘ wide, residential conversion opportunity located on the south side of West 107th Street between Columbus Avenue and Amsterdam Avenue in the Upper West Side neighborhood.

102 West 107th Street consists of a 75’ x 100.92’ lot that is improved with a 4– story structure comprising 29,700 square feet. In its current configuration, the building operates as a parking garage with below-grade space and two service elevators. The current parking tenant is operating on a month-to-month basis. The building can also be delivered vacant presenting a unique opportunity to owner-users and immediate conversion potential to developers. The high density R8B zoning (4.00 FAR) provides a potential for residential use as well as approximately 576 square feet of air rights.

The property is located along a tree-lined, residential street with immediate proximity to both Central Park and Morningside Park, as well as several other neighborhood attractions and institutions. Columbia University, Mount Sinai Morningside Hospital, The Cathedral Church of Saint John the Divine, Nicholas Roerich Museum and an amplitude of local restaurants are all within walking distance of the subject property. Additionally, a wide variety of transportation is easily accessible via the 1, A, B, C subways within a 5-minute walk, as well as the M11, M7 and M116 bus lines.

With its architecturally distinct structure, prime location, and flexible conversion options, 102 West 107th Street represents a premier Upper West Side opportunity for developers, investors and owner-users.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 102 West 107th Street?

102 West 107th Street totals 29,700 square feet.

Manhattan Valley Demographics

The average household income in zip code 10025 is $155,781, from a total of 41,910 households. In terms of employment, there are 93.78 % white-collar and 6.22 % blue-collar jobs in zip code 10025.

Population

  • Total Population92,805
  • Male Population(45.1 %) 41,890
  • Female Population(54.9 %) 50,915
  • Median Age41.30

Income/Financial

  • Average Household Income$155,781
  • Median Household Income$85,930
  • Median Income Under 25$35,422
  • Median Income 25-44$105,177
  • Median Income 45-64$107,413
  • Median Income Over 65$58,913

Commercial Brokers Register now to add listings

Victor Sozio

Ariel Property Advisors

(212) 544-9500 x 12

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

Michael A. Tortorici

Ariel Property Advisors

(212) 544-9500 x 13

Mark Anderson

Ariel Property Advisors

(212) 544-9500 x 32