JLL has been retained on an exclusive basis to arrange for the sale of 318 West 102nd Street, an 20’ wide Renaissance Revival townhouse located on the south side of West 102nd Street between West End Avenue and Riverside Drive.
Originally constructed in 1889-1897, the house was most recently configured as an owner’s garden duplex with three floor through apartments above. The property is now vacant and poised for conversion to a single-family home or renovation into a live plus income opportunity.
Features include tall ceilings peaking at 11’ on the parlor level, a generous sized south facing garden, ample light and air throughout, a basement with 8’ ceiling height and favorable 2018/2019 taxes of $30,190
The property possesses approximately 1,734 SF of excess air-rights which could be used to expand the overall square footage by squaring off the rear extension or adding a partial 6th story. Any plans for use of the excess air-rights will be subject to Landmarks Preservation Commission approval as the property lies within the Riverside – West End Historic District Extension II.
318 West 102nd Street will appeal to an array of purchasers interested in acquiring a vacant townhouse on a prime Riverside –West End Park block. With vacant delivery purchasers will have the flexibility of operating the house as an investment property, creating a spacious owner’s unit while deriving supplemental income from the remaining rentals, or undertaking a complete renovation to a single-family home. The property will be sold on an as-is where-is basis.