A five-story mixed-use building on the south side of West 72nd Street in Manhattan's Upper West Side. The 10,000-square-foot property contains ground-floor retail, second-floor commercial space occupied by Fred Astaire Dance Studio, and six large one-bedroom residential units. High End Hospitality acquired this building in December 2021, recognizing its unrealized potential.

Our team executed a comprehensive conversion from Single Room Occupancy (SRO) with Class B transient use to Class A free-market residential units. We simultaneously renovated and repositioned the vacant ground-floor retail space, securing a long-term lease with a food and beverage tenant. Through strategic renovations and regulatory navigation, we transformed a functionally outdated property into a viable mixed-use asset, more than doubling its estimated value.