$2.0 Million Non-Performing Mixed-Use Loan | Manhattan, NY | Ten-X Auction
New York, NY, 10029, US
8 units
Asset Description
JLL is pleased to present the sale of Riverwalk Crossing (the “Property”), a 2009-vintage, luxury multi-housing asset located on Roosevelt Island in the borough of Manhattan. The Property is 100% free-market, exempt from Good Cause Eviction, allowing an investor to take advantage of New York City’s strong residential market fundamentals.
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Attributes
Number of units
242
Year built
2009
Building area net
20,594 m²
Media
Investment Highlights
- Discount to Replacement Cost
- NOI Growth Through Value-Add Business Plan
- Relative Rent Value = Outsized Demand
- Proximate to Major NYC Employment Hubs
- Protected Light and Air
- Favorable Roosevelt Island Supply/Demand Fundamentals
- Bucolic Park Master Plan
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Riverwalk Crossing (0 Properties)
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Last updated
8 Aug 2024
