52 West 88th Street

JLL has been retained on an exclusive basis to arrange for the sale of 52 West 88th Street, a 20’ wide, 5-story, brick and brownstone townhouse located on the south side of West 88th Street between Central Park West and Columbus Avenue. This stretch of West 88th Street, just steps from Central Park, is arguably one of the Upper West Side’s most tranquil and desirable residential blocks. The Renaissance Revival style rowhouse at # 52 was constructed in 1887-89 as part of an original row of 19 (#’s 30-62) designed by the venerable 19th century architects Thom & Wilson. Surrounded by townhouses on all sides, 52 West 88th Street offers exceptional light and air from every floor together with its airy and beautifully landscaped south-facing garden. The house is currently divided into seven residential units featuring a gorgeous, handsomely renovated 4-bedroom/3-bath garden triplex with central air conditioning, high-end kitchen appliances, wine cooler, central audio system, washer/dryer, and open rear garden. The triplex is currently rented until August of 2021. The remaining six apartments are configured as 1 bedroom/1 bath units on the top three floors with a rent stabilized unit located on the third-floor rear. The five fair-market upper-floor units are all crisply finished and, with the exception of 3rd floor rear, will be delivered vacant. The property is easily accessible by the 86th Street A, B and C subway station at Central Park West and is only three blocks from the 86th Street and Broadway 1 & 2 subway station. 52 West 88th Street presents a unique opportunity to acquire a well-located, versatile property ideal for use in its current configuration as a turnkey, liveplus-income residence, conversion to single-family, or as a cash-flowing investment with exceptional possibilities for future appreciation.