$15,500,000
Updated 4 years ago
Off Market

160 West 74th Street

Upper West Side, Manhattan | Columbus Ave & Amsterdam Ave

22,257 Square FeetInstitutional

$15,500,000
floors5
Lot Size50'x102'2"
Built Size50' wide
ZoneR8B
Building TypeLow-Rise
RE Taxes$584,835
Price Per SF
$696

Listing Features

  • Original Details

Outdoor space and views

  • Riverside Park

Building Amenities

  • Voice Intercom
  • Alarm System

Property Description for 160 West 74th Street

Cushman & Wakefield has been exclusively retained to offer this extraordinary opportunity to acquire the 100% fee simple interest in 160 West 74th Street (the “Property”). This iconic, 5-story plus basement, approximately 22,257-square-foot building is located on the prime, tree-lined block of West 74th Street between Amsterdam and Columbus Avenues on the Upper West Side. The Property, currently owned, used and occupied as a private school for over 120 years, is configured as a mix of classrooms, administrative offices, a theater, gymnasium, multiple ancillary spaces, a conference room, and a fully programmed playground on the 2nd floor roof with sport turf, climbing walls and play systems. The Property is situated on one of the most charming Upper West Side blocks between Central Park and Riverside Park. There are additional unused air rights totaling approximately 3,175 SF. The Property lies within the Upper West Side-Central Park West Historic District surrounded by some of the neighborhood’s best dining, shopping and cultural institutions and offers superior transit access given the building’s proximity to West 72nd Street and Columbus Circle. Built in 1896, the Property features roughly 3,400 square foot floor plates, 13+ foot ceiling heights throughout, tremendous original details, original fireplaces/mantles and an aesthetically striking façade offering a blank canvas opportunity that will appeal to a wide variety of end users as well as residential converters/developers. Ownership has recently invested over $2 million in capital expenditures for renovations that include a newer boiler, water heater, new windows, a state-of-the-art security system, replaced the vinyl siding on the upper rear façade, new tiles in the bathrooms and a new roof. 160 West 74th Street presents several opportunities for either another school or daycare looking for a turnkey property to plant their flag or expand their presence upon or as adaptive reuse for a multitude of other institutional community facility users such as religious organizations, governments, family offices, foundations, doctors’ offices, social or private clubs, alumni associations, art galleries, or nonprofits. Alternatively, the Property presents investors the opportunity for a once-in-a-lifetime boutique residential redevelopment or single-family mansion within an established and thriving residential neighborhood that continues to grow in population and desirability

Listing History for 160 West 74th Street

Now
02/10/2023
POM by Andrew Berry
Cushman & Wakefield
01/25/2023
$15,500,000 [-$3,500,000] [18.4%]
Price Drop by Andrew Berry
Cushman & Wakefield

Building Details for 160 West 74th Street

OwnershipInstitutional
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1896
Floors5
Learn More About the Building

Transit and Citi Bike

Subway

72 St
0.12 miles
79 St
0.31 miles
72 St
0.33 miles
66 St-Lincoln Center
0.43 miles
81 St-Museum of Natural History
0.44 miles

Citi Bike

Amsterdam Ave & W 73 St
0.05 miles
W 74 St & Columbus Ave
0.15 miles

Contact Agents

Contact Agents

Andrew Berry
Cushman & Wakefield
Craig Waggner
Cushman & Wakefield
John Ciraulo
Cushman & Wakefield

Upper West Side | Manhattan

Quick Profile

Bracketed on its east and west borders by massive city parks, the Upper West Side (UWS) is known for its greenery, stately and elegant townhomes, safe streets and great schools, all of which make it a very desirable neighborhood for families. The UWS has maintained its community feeling, making it attractive to young professionals and retirees, both of whom want a sense of belonging in the place they call home.

Here you’ll find many apartment buildings, especially those along Central Park West. Historic architecture abounds, anchored by four luxury co-ops - the San Remo, Majestic, Century and Eldorado apartments - all of which have two towers on their interiors. They were built in the 1930s and their design was predicated on a 1929 building code that imposed a height limit on residences facing the street. There are also impressive row houses near Riverside Drive throughout the W 70 and 80 Streets. Above the 90s, you will find smaller buildings where walk-ups are very reasonably priced.

There are several world-class museums and venues dedicated to the performing arts. Plentiful dining can be found in the UWS. You will find everything from quaint Jewish delis serving up bagels and a schmear to sophisticated fine dining that has earned multiple Michelin stars, and everything you could possibly want in between. There is also abundant shopping and a vibrant nightlife.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 88432TH