Done Deals: JLL Capital Markets marketing for sale a six-unit, boutique apartment building near Park Avenue in Murray Hill neighborhood of Manhattan, NY

Monday, May 9, 2022

JLL Capital Markets marketing for sale a six-unit, boutique apartment building near Park Avenue in Murray Hill neighborhood of Manhattan, NY

110 East 37th Street apartments
Murray Hill neighborhood,
Manhattan, NY

NEW YORK, NY – JLL Capital Markets 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.

Paul Smadbeck

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.

Teddy Galligan

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.

Clint 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.

Conrad Martin

JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce 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.