Built between 1913 and 1941, the seven properties are comprised of both elevator and
walk-up apartment buildings that sold for 14.5 times its annual rent roll.
The five story
walk-up apartment buildings (circa 1900) with a total of 60,000 sq.
four-story
walk-up apartment building with 41 apartments was built in 1931.
* $14,100,000 for 3 six-story
walk-up apartment buildings containing a total of 86 apartments and 4,200 square feet of retail space, located on East 13th Street in Manhattan, New York.
* $7,250,000 for 3 four-story
walk-up apartment buildings containing a total of 8 apartments and 4 stores, located on Lexington Avenue in Manhattan, New York.
* $1,395,000 for a five-story
walk-up apartment building containing 26 apartments, located on St.
The Community Preservation Corporation has closed on two Freddie Mac loans in Manhattan totaling $2.27 million for the permanent financing of 59 affordable housing units in six renovated, three-to-five-story
walk-up apartment buildings in Harlem and Washington Heights.
Walk-up apartment buildings there had a 2.7% turnover rate and elevator buildings sold at a 2.5% rate.
* A new mortgage for $3,500,000 on a 44-unit, 5-story
walk-up apartment building on West 133rd Street in New York, NY.
* $5,200,000 for a six-story
walk-up apartment building containing 26 units with 5 commercial units, located on Broadway in Manhattan, New York.
* A new mortgage for $11,500,000 on three
walk-up apartment buildings totalling 48 apartments and 4 retail stores located on Broome Street and East 10th Street in New York, NY.
It took eight years, but broker Rama Bassalali was finally able to convince the owner of two
walk-up apartment buildings in Nolita that the price was right.