The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

Massey Knakal Realty Services has been retained on an exclusive basis to sell two extra-wide townhouses at 324-326 West 108th Street. The properties are located between Riverside Drive and Broadway in Manhattan’s Upper West Side neighborhood.  The asking price is $13,500,000.

The two five-story buildings combine for approximately 14,141 square feet on a 43.5’ x 100.92’ lot.  The properties are serviced by an elevator located in 324 West 108th Street and have been interconnected for use by a non-profit tenant.  The tenant is nearing the end of a long-term lease, at which point the properties can be delivered vacant.  Although currently interconnected, the buildings could easily be separated as they still maintain separate entrances and staircases.  The buildings feature tall ceilings on all floors reaching a high just over 12 feet on the parlor level.  The houses receive great light due to a combination of their mid-block locale and their proximity to an abundance of low-rise townhouses on all sides.  

Buyers will be excited by the numerous possibilities to create spectacular outdoor spaces.  Since the lots are currently combined, there is a double wide garden measuring approximately 43.5’ wide by 28’ long.  Additional outdoor spaces could be created atop the large, sundrenched, three-story rear extension and the roof which features Hudson River views to the west. In addition, buyers interested in expanding the properties could recapture the cellars which already have ceilings heights in excess of 7 feet, and utilize a portion of the approximately 3,600 square feet of remaining air rights.

These properties are located on a beautiful Upper West Side block just steps from Riverside Park.  Their rare size and width, coupled with their desirable location within one of Manhattan’s most supply constrained neighborhoods, make this offering a unique opportunity.

These properties are being marketed exclusively by Massey Knakal CEO Paul J. Massey, Jr. and Hall Oster.

Click here for listing details

Neighborhoods: Upper West Side