NEW YORK, Oct. 8, 2025 – JLL Capital Markets announced today it has been retained to sell the S&H Portfolio, a collection of eight mixed-use buildings located in prime neighborhoods across Manhattan in New York City.
Spanning 84,472 square feet, the portfolio consists of 137 apartments and 15 stores spread across the East Village, Lower East Side, Greenwich Village and the Upper East Side The portfolio was assembled over 30 years and has been self-managed by long term ownership.
The portfolio's retail component is 95% leased to a range of tenants, from established neighborhood businesses to emerging concepts, all of which benefit from prime locations along major corridors including First Avenue, Houston, Orchard and Carmine streets.
The JLL team marketing the portfolio includes Vickram Jambu, Hall Oster, Guthrie Garvin, Rob Hinckley and Teddy Galligan.
“This is a portfolio of well-located properties with very good base building conditions and legacy finishes. Buyers will be excited by the strong in-place cash flow, clear value add opportunity and strong retail locations,” said Oster.
All eight properties in the portfolio are transit-oriented and lie within walking distance of multiple subway lines. Each is positioned within the heart of its respective neighborhood's retail, dining and cultural corridors.
The properties are located at:
- 38-40 Carmine St.
- 90 Rivington St.
- 96 Orchard St.
- 156 Orchard St.
- 126 First Ave.
- 153 Ave. C.
- 181-185 East Houston St.
- 310 East 93rd St.
According to JLL Research, Manhattan’s multifamily investment market has entered a new cycle of growth. Stabilized borrowing costs, tight rental supply and clearer price discovery have revived investor confidence that is expected to drive annual volumes close to $5 billion this year.
“The S&H Portfolio will appeal to investors eager to capitalize on New York City’s housing fundamentals. With tight vacancies, strong rents and limited new supply, they remain among the strongest in the nation,” added Jambu.
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.
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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.