BKREA has been exclusively retained to sell 150 West 85th Street, a vacant six-story building on Manhattan’s Upper West Side. Qualified bids for the 38,838-square-foot property are due June 15th at 12:00 PM, offering immediate vacant possession and redevelopment optionality.
— BKREA has been exclusively retained to arrange the sale of 150 West 85th Street, a rare vacant 6-story building located in the heart of Manhattan’s Upper West Side. BKREA is pleased to announce that qualified bids for the property are due June 15th at 12:00 PM.
The property is being marketed exclusively by Bob Knakal, Chairman & CEO, Ryan Candel, Senior VP of Transactions, and Ana Barrie, Managing Director, of BKREA.
Positioned mid-block on the south side of West 85th Street between Amsterdam and Columbus Avenues, the property presents a unique opportunity for investors, developers, educational institutions, religious organizations, embassies, and owner-users seeking a presence in one of Manhattan’s most established and desirable neighborhoods.
The property consists of an approximately 38,838-square-foot building (as per City Records) situated on a 6,575-square-foot lot with 75 feet of frontage. Formerly owned and operated by Manhattan Country School, the building will be delivered vacant, providing future ownership with immediate flexibility for occupancy, repositioning, or redevelopment.
“Opportunities of this caliber are exceedingly rare: a vacant, large-scale building on the Upper West Side that is not encumbered by historic district regulations,” said Ryan Candel, Senior VP of Transactions at BKREA. “150 West 85th Street offers tremendous optionality for users, combined with a premier location surrounded by some of Manhattan’s strongest residential and community infrastructure, said Ana Barrie, Managing Director.
The property is located within an R8B zoning district, which permits residential and community facility uses. While the existing building exceeds the currently permitted zoning envelope, BKREA’s Policy & Zoning SWAT Team has prepared a development memorandum outlining several potential redevelopment, conversion, and repositioning scenarios.
The building benefits from exceptional light and air due to its adjacency to Louis D. Brandeis High School – an uncommon feature for a mid-block property. The location also offers immediate access to Central Park, Riverside Park, and the Upper West Side’s major retail corridors.
Parties interested in participating in the bid process should contact BKREA for access to the offering materials,due diligence documentation, and bid package requirements.
All bids are due by June 15th at 12:00 PM. No bids will be considered after this deadline.
About the company: About BKREA: Founded in 2024 by industry veteran Bob Knakal, BK Real Estate Advisors (BKREA) is a New York City commercial real estate brokerage specializing in investment sales, development sites, and seller advisory. Blending four decades of market expertise with AI-driven technology, BKREA maximizes sales value for NYC property owners.
Contact Info:
Name: Bob Knakal
Email: Send Email
Organization: BKREA
Address: 135 West 36th Street NY NY 10018
Phone: 212-888-8850
Website: https://bkrea.com
Release ID: 89194145
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