The Real Deal New York

Parking garage on Upper West Side could fetch $61M

Walter & Samuels' building on West 77th Street touted as a potential condo conversion

April 09, 2014 09:00AM

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uws-garage

219-233 West 77th Street and Neil Helman

An affiliate of real estate firm Walter & Samuels is looking to sell an Upper West Side parking garage site, which is being marketed as a potential redevelopment into condominiums.

The 7,700-square-foot site at 219-223 West 77th Street, between Amsterdam Avenue and Broadway, boasts 77,000 square feet of buildable space. Avison Young brokers Neil Helman, Charles Kingsley, Vincent Carrega and Jon Epstein are handling marketing. The property is expected to fetch at least $61 million, or $800 per square feet, the New York Post reported.

Last month, David Berley, chair of Walter & Samuels, paid $20.25 million in an off-market purchase of a retail condominium unit at 2770 Broadway, a 20-story luxury building known as Opus Condominiums, as previously reported. [NYP, 1st]Mark Maurer

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