$2.0 Million Non-Performing Mixed-Use Loan | Manhattan, NY | Ten-X Auction
New York, NY, 10029, US
8 unités
Jones Lang Lasalle (“JLL”) has been retained on an exclusive basis to arrange for the sale of 6 East 2nd Street(“The Property”), a four-story 6,420 square foot mixed-use building located on the north side of East 2nd Street between Bowery and 2nd Avenue at the nexus of the East Village, NoHo and Nolita. The property is the former home of Ramones’ lead singer Joey and bassist Dee Dee and hosted one of the band’s earliest shows. Nearby Albert’s Garden is where the band paid $125 in 1976 for a black-and-white picture from Punk Magazine, featuring a brick-wall background, for their debut album titled “Ramones.” This image on East 2nd Street is considered one of the most important and definitive music images of the 1970s. Situated in one of the most desirable pockets in Lower Manhattan, the Property presents a unique opportunity for an investor or owner-user to obtain a cash-flowing asset with potential for tremendous upside.
-Value Add Investment Potential
-100% Free Market
-Perfect for live plus income
-Create your dream duplex or triplex
-Potential to add a roof deck
-Ideal NoHo location for a Pied-a-Terre
-Exceptionally spacious full-floor lofts with high ceilings
-Tax Class Protected