crefeed.com | Manhattan luxury rental building on the market

3/4/2008

Manhattan luxury rental building on the market

110 Greenwich St.

Manhattan-based Jakobson Properties is selling 110 Greenwich St., a 13-story luxury rental building in New York City's financial district.

The apartment operator has hired Roberto Ortiz of Eastern Consolidated Properties and Michael Forrest and David Shorenstein of Marcus & Millichap to market and sell the property.

The apartment building was built in 1929 as a fireproof warehouse building and contains 66,530 rentable square feet. It was converted to a luxury apartment building in 1997. The building could be converted to a condominium, corporate residencies, a hotel or office space, according to Ortiz.

Ortiz is a senior director with Eastern Consolidated and has been with the firm since 1999. He specializes in investment properties in New York City and has worked with clients such as Sterling Equities, The Boy's Club of America and The Salvation Army. Ortiz studied fine arts and printmaking at The Art Students League of New York.

Address: 110 Greenwich St., New York, N.Y.

Size: 66,530 square feet

Built: 1929

Filed Under: Multi-Family

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