{"id":289885,"date":"2026-07-08T01:23:26","date_gmt":"2026-07-08T01:23:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/289885\/"},"modified":"2026-07-08T01:23:26","modified_gmt":"2026-07-08T01:23:26","slug":"nuveen-buys-pair-of-upper-west-side-multifamily-properties-for-75m-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/289885\/","title":{"rendered":"Nuveen Buys Pair of Upper West Side Multifamily Properties for $75M \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/nuveen\/\" title=\"Nuveen\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Nuveen<\/a> Real Estate has acquired a two-building multifamily portfolio on Manhattan\u2019s Upper West Side, Commercial Observer has learned.<\/p>\n<p>Nuveen bought the properties at 200 Manhattan Avenue and 133 West 104th Street, known as Manhattan Valley Apartments, from <a href=\"https:\/\/commercialobserver.com\/company\/lm-development-partners\/\" title=\"L+M Development Partners\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">L+M Development Partners<\/a> for $75 million, according to property records and a source with knowledge of the deal.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/07\/longpoint-partners-miami-medley\/\" rel=\"nofollow noopener\" target=\"_blank\">Longpoint Partners Buys Miami-Dade Warehouses for $39M<\/a><\/p>\n<p>Together, the properties span 143,551 square feet and include 126 federal Section 8 voucher units. The buildings are near the north end of Central Park between Central Park West and Amsterdam Avenue, about six blocks from each other. 200 Manhattan Avenue was built in 1890 and stands six stories tall with 181 units, while 133 West 104th Street is a seven-story building with 28 units that was built in 1950.\u00a0<\/p>\n<p><a href=\"https:\/\/commercialobserver.com\/company\/ariel-property-advisors\/\" title=\"Ariel Property Advisors\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Ariel Property Advisors<\/a>\u2019 Victor Sozio, Shimon Shkury and Remi Mandell arranged the sale on behalf of the seller, the firm announced. Ariel declined to comment further.\u00a0<\/p>\n<p>Spokespeople for Nuveen and L+M did not immediately respond to requests for comment.\u00a0<\/p>\n<p>News of the sale comes after a recent flurry of activity on the Upper West Side.<\/p>\n<p>Last month, Hawkins Way Capital <a href=\"https:\/\/commercialobserver.com\/2026\/06\/hawkins-way-buys-117-west-70th-street-amda\/\" rel=\"nofollow noopener\" target=\"_blank\">bought<\/a> a hotel turned student housing property at 117 West 70th Street from the American Musical and Dramatic Academy for $80 million. And in May, Benchmark Real Estate Group purchased a 90-unit, 15-story apartment building at 698 West End Avenue for $42 million, <a href=\"https:\/\/commercialobserver.com\/2026\/05\/benchmark-buys-698-west-end-avenue-heller\/\" rel=\"nofollow noopener\" target=\"_blank\">CO reported<\/a>.<\/p>\n<p>Amanda Schiavo can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/07\/nuveen-buys-upper-west-side-multifamily-portfolio\/mailto:aschiavo@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">aschiavo@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Nuveen Real Estate has acquired a two-building multifamily portfolio on Manhattan\u2019s Upper West Side, Commercial Observer has learned.&hellip;\n","protected":false},"author":2,"featured_media":289886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[110815,110816,2664,9,24,63,15568,122,124,123,110817,34188,110818],"class_list":["post-289885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-queens","tag-133-west-104th-street","tag-200-manhattan-avenue","tag-investments-sales","tag-new-york","tag-new-york-city","tag-nyc","tag-portfolio-sale","tag-queens","tag-queens-headlines","tag-queens-news","tag-remi-mandell","tag-shimon-shkury","tag-victor-sozio-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=289885"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/289886"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=289885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=289885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=289885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}