NEW YORK, NY – September 30, 2021 – Ariel Property Advisors has arranged the $9.35 million sale of a parking garage at 102 West 107th Street. Located between Amsterdam Avenue and Columbus Avenue on the Upper West Side, the property stands four stories and features two service elevators and below-grade space. The property sale was arranged by an Ariel Property Advisors team including Victor Sozio, Executive Vice President, Investment Sales; Shimon Shkury, President; Michael Tortorici, Executive Vice President, Investment Sales; Mark Anderson, Director, Investment Sales; and Courtney Lee, Associate Director, Investment Sales.

In addition to the parking garage’s 29,700 square feet, it also features a 75-by-101-foot lot with approximately 576 square feet of air rights. The location itself is in a prime location for residential use, just a few short blocks from the Cathedral Pkwy station on the B and C lines and within close walking distance to Central Park, Morningside Park, a variety of retail outlets and restaurants, the Nicholas Roerich Museum, The Cathedral Church of Saint John the Divine and Columbia University.