JLL Capital Markets is marketing for sale an elegant boutique apartment building located steps from Park Avenue in Manhattan
News release
06 May 2022
Murray Hill multi-housing property for sale
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
NEW YORK, May 6, 2022 – JLL Capital Markets announced today that it has been engaged to market for sale 110 East 37th St., a 25-foot-wide, six-story elevator apartment building located on the south side of East 37th Street between Park and Lexington Avenues in the Murray Hill neighborhood of Manhattan. The anticipated pricing is $8.95 million.
Situated in an exceptional, world-class location equidistant from Midtown Manhattan, the United Nations, NYU Langone Medical Center and Yeshiva University, 110 East 37th St. contains six large apartments, including a two-bedroom, two-bath garden duplex, three large floor-through units on floors three to five and a bright, spacious south-facing loft/studio on the 6th floor.
Owned and meticulously maintained by the same family for over 30 years, 110 East 37th St. has recently undergone a series of capital improvements including a restored facade and construction of a new common roof deck.
The JLL team representing the seller is being led by Managing Directors Paul Smadbeck and Clint Olsen, Vice Presidents Teddy Galligan and Conrad Martin and Analyst Stephen Godnick
“We anticipate strong interest from a broad spectrum of investors, residential end-users and foreign governments seeking a home within close proximity to the United Nations,” said Smadbeck.
“The property has a prime location on the edge of midtown Manhattan and a current tenancy that will allow the next owner to reconfigure the existing layouts to suit their needs,” added Olsen.
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.