220 West 71st St on the Upper West Side Fetches $21.15M

The apartment building at 220 West 71st Street between Broadway and West End Avenue on Manhattan’s Upper West Side has sold in an all-cash transaction valued at $21.15 million, or about $550 per square foot.

The 53 foot wide, pre-war, elevatored apartment building has nine stories plus penthouse and contains approximately 38,463 gross square feet above grade.
With 37 residential units and two ground floor professional spaces, layouts consist of 29 large one-bedroom units and 8 two-bedroom apartments. Of these units, 16 were rent stabilized, 6 rent controlled, and 15 were fair market units.

Apartment sizes average over 880 net rentable square feet each. The sale price equates to Massey Knakal Senior Vice President of Sales Paul B. Smadbeck represented both parties in the transaction. 

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