A small, modern building with 3 floors, 3 free-market apartments and an office space has hit the market for $5.1 million. The mixed-use building, located at 542 West 110th Street (between Broadway and Amsterdam Ave) measures a mere 4,565 square feet … but it comes with 6,874 square feet of air rights. Given the high value of the location, it seems inevitable that all of those air rights will be used.
Built in 1985, the Morningside Heights building is pretty hard to miss for anyone walking down 110th Street.
Landmark West says the apartment building was designed by and for G. Phillip Smith and Douglas Thompson.
The building, which has an alternate address of 542 Cathedral Parkway, is on the market with Marcus & Millichap. According to the listing description, expenses are low, and the property measures 25 x 41 feet.
Here’s the listing.