Bulk Condo and Coop Portfolio_Property for Sale

Various locations

Bulk Condo and Coop Portfolio

Portfolio description

The Offering is made up of 46 rent stabilized units across New York City. The residential units, totaling 51,845 SF, are located within 13 cooperative buildings and 3 condominium buildings. Ranging in size from 300 SF to

3,000 SF, the Portfolio includes 25 1-Bedroom, 17 2-Bedroom and 5 3-Bedroom Units. 87% of the units are in the Upper West Side, Upper East Side, West Village and Brooklyn Heights representing the most sought-after

residential locations in New York City. Four units totaling 4,870 SF are currently vacant and will be included in the Portfolio.

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Attributes

Building area gross

13,776 m²

Number of units

Bulk Condo and Coop Portfolio (16 Properties)

Media

Investment Highlights

The residential units, totaling 51,845 SF, are located within 13 cooperative buildings and 3 condominium buildings. Ranging in size from 300 SF to 3,000 SF, the Portfolio includes 24 1-Bedroom, 17 2-Bedroom and 5 3-Bedroom Units. Four units totaling 4,870 SF and worth an estimated 5.25 million are currently vacant and will be included in the portfolio. All of the units are situated in buildings that were built between the years of 1900 and 1969, but many still provide similar amenities to newly built, luxury cooperatives and condominiums including full-time doormen, fitness centers and elevators. 88% of buildings have an elevator and 50% have both a full-time doorman and elevator.