CBRE is pleased to present for sale 12 West 104th Street (the “Property”), a 27-foot-wide multifamily walk-up in the
heart of Manhattan Valley. The Property, located on the south side of West 104th Street between Manhattan Avenue and
Central Park West, is a well-maintained asset positioned within a highly sought-after rental market and surrounded by
abundant green spaces.
The five-story building comprises 16 fully renovated, free-market apartments featuring exposed brick walls, in-unit
washer/dryers, and modern finishes throughout. The unit mix includes 2 one-bedroom and 14 two-bedroom residences,
generating an average monthly rent of $3,804 collectively. Additionally, tenants enjoy convenient access to a shared
backyard, further enhancing the Property’s desirability within the competitive rental market.
Uniquely, the Property stands alone, flanked by city-owned vacant lots on both sides, providing exceptional light and
air and more green space. These adjacent parcels function as community gardens, collectively known as The West 104th
Street Garden, and are actively maintained by residents and community organizations. The Property is also steps from
Central Park, offering tenants immediate access to one of the city’s premier outdoor amenities.
Connectivity is another key advantage: the Property is located just two minutes from the 103rd Street subway station,
which services the and lines—providing direct access to Midtown Manhattan in approximately 20 minutes.
Residents also enjoy proximity to a wide array of neighborhood amenities, including Whole Foods, HomeGoods, and
Trader Joe’s, as well as numerous dining, retail, and recreational options that enhance the Property’s long-term rental
appeal.
The Property represents a rare opportunity to acquire a fully renovated, cash-flowing multifamily asset in Manhattan
Valley, featuring 16 free-market units with modern finishes and strong in-place income. Its prime location near major
transit and lifestyle amenities further positions the asset for long-term appreciation and sustained rental demand