Six-Building Upper West Side Real Estate Portfolio to Sell for $125 Million

UPPER WEST SIDE, NY — Six residential buildings — five in the Upper West Side and one in Morningside Heights — are being packaged to be sold for $125 million.

The properties are currently owned by the firm BCB Property Management, which is currently focused on selling its properties, reported the Real Deal. Included in the portfolio are 500 Cathedral Parkway (valued at $36 million), 242 West 109th Street ($12 million), 111 West 104th Street ($29 million) and three buildings from 3143-3149 Broadway ($48 million), according to the report.

The buildings contain a combined 152 apartment units and five retail spaces, reported the Real Deal. The total square footage of the portfolio is 135,000 square feet and the buildings have a combined 38,300 square feet in air rights, brokers from Cushman & Wakefield told the Real Deal.

>>> Read the full Real Deal report here.

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