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708676 | NY TOP 260+ residential Multifamily units and 2

 NY TOP 260+ residential  Multifamily units and 2
Type: buy
PriceAmerican $103,000,000.00
Seller
Quantity: 1
Availability: yes
Location: NY, New York, United States

NY TOP 26+ residential  Multifamily units and 2 retail units across 12 properties $5.7 million pro-forma NOI in NY  USA.

Highlights

65+ years of ownership

261 residential units and 2 retail units across 12 properties

$5.7 million pro-forma NOI

Ability to increase room counts across the portfolio

20% of the portfolio is vacant, which provides immediate upside

65% of the residential units in the portfolio are free market

All 12 properties are in close proximity allowing for management efficiency

Central location with many transportation options

 

To move forward:

  • Buyer / Buyer Rep to sign asset specific NCND/MFA
  • Buyer to submit Non-binding LOI and POF to connect with seller

Property Details

Price

$103,000,000

Building Size

150,231 SF

Number of Units

263

Property Type

Multifamily

 

 


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