Investment Overview

Marcus & Millichap is the exclusive sales broker for 217 West 80th Street (the “Property”), a mixed-use building on 80th Street between Broadway and Amsterdam Avenue on the Upper West Side. The Property contains three commercial units, two apartments and will be delivered vacant. The ground floor commercial space is currently occupied by a laundromat/dry cleaner and is approximately 2,000 square feet. The second-floor commercial spaces are an office and an adult bookstore. The third-floor apartments are each two-bedrooms/two-bathrooms, free-market and approximately 1,000 square feet. The three-story building measures 25 feet by 92 feet totaling approximately 6,900 square feet and sits on a 25 by 102-foot R8B/C1-5-zoned lot with 3,320 square feet of unused development rights. The Property is not part of a historic district. The Property is a one-block walk to the 79th Street/Broadway subway station (1-train) and four blocks to the 81st Street/Central Park West subway station (A, B & C trains). The Property is between the Amsterdam Avenue and Broadway retail corridors, across from Zabar’s, and a short distance to Central Park, the Museum of Natural History, Riverside Park and the Hudson River.