Built between 1913 and 1941, the seven properties are comprised of both elevator and walk-up apartment
buildings that sold for 14.5 times its annual rent roll.
The five story walk-up apartment
buildings (circa 1900) with a total of 60,000 sq.
four-story walk-up apartment
building with 41 apartments was built in 1931.
* $14,100,000 for 3 six-story walk-up apartment
buildings containing a total of 86 apartments and 4,200 square feet of retail space, located on East 13th Street in Manhattan, New York.
* $7,250,000 for 3 four-story walk-up apartment
buildings containing a total of 8 apartments and 4 stores, located on Lexington Avenue in Manhattan, New York.
* $1,395,000 for a five-story walk-up apartment
building containing 26 apartments, located on St.
The Community Preservation Corporation has closed on two Freddie Mac loans in Manhattan totaling $2.27 million for the permanent financing of 59 affordable housing units in six renovated, three-to-five-story walk-up apartment
buildings in Harlem and Washington Heights.
buildings there had a 2.7% turnover rate and elevator buildings sold at a 2.5% rate.
* A new mortgage for $3,500,000 on a 44-unit, 5-story walk-up apartment
building on West 133rd Street in New York, NY.
* $5,200,000 for a six-story walk-up apartment
building containing 26 units with 5 commercial units, located on Broadway in Manhattan, New York.
* A new mortgage for $11,500,000 on three walk-up apartment
buildings totalling 48 apartments and 4 retail stores located on Broome Street and East 10th Street in New York, NY.
It took eight years, but broker Rama Bassalali was finally able to convince the owner of two walk-up apartment
buildings in Nolita that the price was right.