$2.0 Million Non-Performing Mixed-Use Loan | Manhattan, NY | Ten-X Auction
New York, NY, 10029, US
8 Einheiten
Objektbeschreibung
640 Broadway (the “Property”) is a 9-story, luxury boutique residential and retail Property located in the heart of NoHo. Block-through on Bleecker Street between Broadway and Crosby Street, the Property is nestled in one of the most coveted neighborhoods in Manhattan. 640 Broadway features 21 expansive loft-style residential units which average 1,750 SF, and 4,200 SF of prime retail with 221 total feet of frontage.
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Eigenschaften
Anzahl der Einheiten
21
Baujahr
1900
Gebäudefläche netto
3.806 m²
Medien
Investment-Highlights
- Unique, fully renovated mixed-use asset with 21 loft-style residential units
- 221’ of prime retail frontage on Broadway, Bleecker, and Crosby; 100% leased by high quality tenants with 6 years of WALT
- Secure residential cash flow – NoHo has enjoyed historically low residential vacancy rates and boutique elevator rental buildings are rare in the submarket
- The Property has been exceptionally maintained by institutional ownership for the last 12 years. Current ownership has invested $18MM since 2012 for unit renovations and building upgrades
- Located in one of Manhattan’s most coveted neighborhoods surrounded by trendy restaurants, bars, stores, and galleries
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640 Broadway (0 Objekte)
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Zuletzt aktualisiert
9. Jan. 2025
