$2.0 Million Non-Performing Mixed-Use Loan  |  Manhattan, NY  |  Ten-X Auction_待售物业
$2.0 Million Non-Performing Mixed-Use Loan  |  Manhattan, NY  |  Ten-X Auction_待售物业
New York, NY, 10029, US

$2.0 Million Non-Performing Mixed-Use Loan | Manhattan, NY | Ten-X Auction

资产描述

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange

the sale of a $2.0 million non-performing mixed-use loan (the “Note” or “Loan”). The Loan is

secured by the first mortgage on the fee-simple interest in a retail and multifamily property

located in the East Harlem submarket of Manhattan (the “Property” or “Collateral”).


As of October 2024, the Loan is non-performing due to a payment default in December 2023.

Constructed in 1910, the five-story Property consists of eight multifamily units and 1,500

square feet of retail space on the ground floor. Located along a well-traveled street, the

retail portion of the Property is 100% occupied. Additionally, the multifamily units are all

one-bedroom units and are rent stabilized.


The offering presents investors the opportunity to acquire the Loan at a favorable basis,

significantly below replacement cost, with a path to ownership on a mixed-use Property.

...

属性

未偿还的本金余额
¥14,465,000
建筑净面积
685 平方米
占用率
100%
单位数量
8
建成年份
1910
分区
R8A
报价截止日期
2024/12/02

媒体

投资亮点

Path to Ownership:

The non-performing Loan provides investors the ability to potentially step into the ownership position on a mixed-use property at an attractive basis.


Dynamic Community:

Situated in East Harlem, one of New York’s hottest and most dynamic neighborhoods, the Property benefits from nearby access to prime community amenities and staples including, Columbia University, Central Park, Mt. Sinai Hospital, and Costco.


Convenient Transit-Oriented Accessibility

Earning a transit score of 100/100, the Property is situated within a two-block radius of a subway station that services the 4, 5, and 6 lines. Through these lines, the Property is easily accessible from throughout to the three boroughs of the Bronx, Manhattan, and Brooklyn.


Fully Occupied Retail Space

The retail portion of the Property is currently 100% occupied by a traditional steakhouse that has occupied the Property dating back to 2011.

联系经纪人

$2.0 Million Non-Performing Mixed-Use Loan | Manhattan, NY | Ten-X Auction (0个物业)
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最后更新
2024年10月29日