111-ibè Manhattan àǹfààní pọ́tífólìò
Ìmìlẹ̀:
89 Ọjà Ọfẹ
17 Títọ́ Káàkiri
5 Títọ́ Tàkàdá

Pópolisíófí yìí yóò jẹ́ àṣẹ́ ní khoảng 95% lọ́fẹ́. Kì í ṣe bẹ́ẹ̀ ni kìkì àwọn àpò-ìdí-ṣíṣe 9 ni a ti gbẹ̀kẹ́lé, nígbà tí àwọn àpò-ìdí-ṣíṣe tó kù ti wa ní àyẹ̀lujò fún àkókò pẹ́.
Àtúnṣe iye tó wà lórí bẹ́ẹ̀ yóò jẹ́ ní khoảng $65 million. Ilé náà tún n'ọ́kààríò pé láti gba ìdí nípa owó tó wà lórí àtòhùn ti $18 million ní 5.0% ìdí owó.
Ípò olúwò náà, ní ìbámu pẹ̀lú ìmọ̀ràn láti ọdọ̀ agbedemeji rẹ̀ lórí ìdí àkóónú owó, ni pé àwọn àpò-ìdí-ṣíṣe tó ṣíkòkọ́ lè ṣàfihàn fún ìtọ́pa owó àkọ́kọ́ nípa ìṣọpọ̀ àwọn àfihàn, pẹ̀lú líle ṣíṣé ṣáájú ẹ̀sìn/lílo àjọ àìpẹ̀ àwọn ilé, níbi tí a ti rí i pé àwọn ilé gbigbe ni ijọ́ ṣéé ni kì í ṣe gẹ́gẹ́ bí àwọn ilé ọjà títọ́, àkókò àyẹ̀lujò pẹ́, àti àwọn àtúnṣe owó tó dára tó pari ṣáájú ìkànsí. Àwọn olùrà gbọdọ̀ ṣe àtúntò ìtẹ́wọ́gbà àti ìmùlò nipa àwọn ìṣètò yìí.
Kó ìbá wa fún ìwòye pẹ̀lú, wọlé-ìṣàkóso data, àwọn ìṣirò, àkọsílẹ̀ ìdí owó, àti àwọn ẹ̀kọ́ àtúntò pẹ́.

111-unit Manhattan value-add portfolio
Unit Mix:
89 Free Market
17 Rent-Stabilized
5 Rent-Controlled

The portfolio will be delivered approximately 95% vacant. Only 9 regulated units are currently occupied, while the remaining regulated units have been vacant for an extended period.
Projected stabilized value is approximately $65 million. The property also offers the opportunity to assume an existing loan of approximately $18 million at a 5.0% interest rate.
Ownership's position, based on advice from its rent regulation counsel, is that the vacant regulated units may qualify for first rent treatment based on a combination of factors, including the property's prior nonprofit/church use, where the apartments were reportedly occupied by the church rather than operated as traditional rental units, the extended vacancy period, and substantial capital improvements completed before re-occupancy. Purchasers should conduct their own legal and regulatory due diligence regarding these matters.
Contact us for the complete Offering Memorandum, data room access, financials, rent roll, and supporting due diligence materials.