CBRE tapped to sell Steinhardt Building.

As part of a multi-year strategic-planning process, the 92nd Street Y is selling the property at 35 West 67th Street known as the Steinhardt Building.

The sale is being handled by CB Richard Ellis. The two 92nd Street Y programs housed at the facility will move to the 92nd Street Y's headquarters at 1395 Lexington Avenue on the Upper East Side. While that property is being reconfigured to accommodate these programs, a process expected to take three to five years, they will be relocated to a temporary site. Several possibilities are under consideration.

The Steinhardt Building was donated to the 92nd Street Y in 2001 by philanthropist and Y Board member Michael H. Steinhardt. At the time the property was valued at $16 million.

CB Richard Ellis s Brian D. Gell, vice chairman, Timothy E. Sheehan, senior vice president, and Edward E. Midgley, first vice president, are marketing the 22,000 s/f, five-story double townhouse located in the heart of the Upper West Side's Lincoln Square area one block from Central Park.

The Steinhardt Building sits on an historic block that is home to the famous Cafe des Artistes and a group of early 20th-century apartment houses designed as combination artists' residences-and-studios.

Constructed in 1904 as a home for elderly, indigent Swiss women and later turned into a residence for young Swiss women, the facility was completely refurbished in 1999 and given a contemporary interior design. It currently contains a 175-seat music performance space, a 72-seat screening room, a lecture/reception hall with seating capacity of 115, a cafe/bar and professional kitchen, a lounge/reading room, five multi-purpose classrooms, an exercise room with locker facilities, and an art gallery.