Fifteen of the units will have lofts and rooftop space, four will be
walk up units along Hall Street and four will be garden-style walk-ups along Seventh Street.
"You might lose some people who don't want to
walk up the stairs, but others will be committed to buying a unit because it's unique," said Matthew Blesso, the president of Blesso Properties.
The assets are located on quiet blocks, and are surrounded by similar low-rise
walk up apartment buildings.
The deal comes on the heels of the sale of a 50-unit
walk up apartment building at 17 West 125th Street which Treetop Development sold to Thor for $30.6 million last week.
104 Forsyth Street consists of a five-story
walk up mixed-use building with 20 apartments and two stores with 9,875 s/f.
* Barry Swartz obtained permanent financing totaling $16,025,000 for several
walk up apartment buildings all located in Manhattan:
* Barry Swartz obtained permanent financing for several
walk up apartment buildings all located in Manhattan: 5-story walk-up w/retail on East 29th Street, $3,800,000; Two 5-story walk-ups on East 92nd Street, $2,500,000; 4-story brownstone on East 83rd Street, $1,225,000; 6-story walk-up on East 13th Street, $8,500,000.
Both buildings are five-story
walk ups located across the street from each other, between St Nicholas Avenue and Audubon Avenue.