Luxury multifamily property offers rare combination of West Village location and Hudson River views
News release
29 May 2025
JLL arranges $80 Million in financing for 110 Horatio St.
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NEW YORK, May 29, 2025 – JLLannounced today it has secured $80 million in financing for 110 Horatio St., a 10-story, 94,000-square-foot multifamily property located in the West Village neighborhood of New York City.
JLL represented the borrower, 110-114 Horatio II, LLC, an entity controlled by principals of Rockrose Development, to arrange a 10-year, fixed rate loan from investment manager AXA IM Alts, acting on behalf of clients.
Located directly adjacent to the Hudson River, 110 Horatio St. offers residents a unique combination of waterfront views and access to one of New York City’s most desirable neighborhoods. The property is currently 98.7% occupied with 152 total units, including 87 studios, 42 one-bedrooms,18 two-bedrooms and five penthouse units. The building also recently completed a transformative renovation, enhancing the interior space of all 152 units.
110 Horatio St. features a market-leading amenity package, including a 24-hour attended lobby, landscaped roof terrace, residents’ lounge, bike room, laundry facility, elevator service and a modern fitness center, among other offerings.
The JLL financing team for the transaction included Geoff Goldstein, Steven Klein and Chris Pratt.
Situated in the West Village, 110 Horatio St. offers residents easy access to mass transportation. The property is a 10-minute walk from several MTA subway trains, including the 1, 2, 3, A, C, E and L lines, providing service to Midtown and Lower Manhattan in approximately 20 minutes. It’s also accessible via four MTA bus lines and, for residents commuting to and from New Jersey, the PATH rail system with service to Newark, Hoboken and Jersey City.
With no large-scale product within the Lower West Side submarket under construction or scheduled for delivery in the next five years, 110 Horatio St. is poised to benefit from continued demand in the rental market.
JLL is a leader in the New York tri-state commercial real estate market, with more than 4,800 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.
For more news, videos and research resources visit JLL’s newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.