JLL Capital Markets announced today that it has completed the $5.4 million sale of 203 West 80^th Street, a 8,004-square-foot multi-housing property located in the Central Park West Historic District on New York’s Upper West Side.

The five-story building is currently configured with 10 apartments, including four one-bedroom, four two-bedroom and two three-bedroom apartments. The ground-floor apartments have been combined with the cellar to create front and back duplexes and the 5^th floor apartments have been combined with two 6^th floor additions to create front and back penthouses, as well as private roof terraces. The apartments feature high ceilings, spacious layouts with storage, and abundant windows for flexibility in unit design. The property has been managed by the same family for generations and is trading for the first time in nearly 50 years.

Located between Broadway and Amsterdam Avenues, 203 West 80^th Street is positioned in the heart of the dynamic Upper West Side neighborhood. The property is close to some of the neighborhood’s best restaurants, bars, shopping and cultural institutions, including the American Museum of Natural History. 203 West 80^th Street is steps from Central Park, and is located minutes from the 1, A, B, and C trains, with access to the rest of Manhattan and the outer boroughs.

The JLL Capital Markets team handling the sale included Managing Directors Paul Smadbeck and Hall Oster, Vice Presidents Teddy Galligan and Conrad Martin and Associate Braedan Gait.

“203 West 80^th Street is a well-preserved, fully free-market walk-up poised for re-positioning by the purchaser,” Oster said. “It’s in a great pocket of the Upper West Side that will always attract significant rental demand.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

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 $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.