UCC Foreclosure Sale - 10 Luxury Residential Condos and 2 Commercial Condos

Description:

172 Madison is a luxury condominium high-rise building located on the iconic Madison Avenue in Midtown South. The building houses 72 apartments ranging from 1 to 5 bedrooms, one 3rd floor mansion and one skyhouse along with 2 retail units on the ground floor. Amenities include a 24 hour doorman, in-house concierge services, a lounge, an outdoor plaza, a 67-foot saltwater pool, a spa and steam rooms, a fitness club, a children’s playroom, and a club room.

Surrounded by the best of NoMad and Midtown — from Madison Square Park and Eataly to Bryant Park and the New York Public Library — 172 Madison is located on one of the most famous and fashionable avenues in the world.

The residences have been meticulously fashioned by renowned designer Shamir Shah. The kitchens, designed in collaboration with Molteni, feature Miele and SubZero appliances, while en suite bathrooms and powder rooms feature Dornbracht fixtures and luxurious natural stone surfaces. All homes have been pre-wired for future smart home customization and electric shades.

COLLATERAL DETAILS
Collateral Snapshot
• 10 luxury residential condo units and 2 commercial units consisting of 4 2-bed/2.5bath apartments, 1 3-bed/3.5-bath apartment, 4 5-bed/4.5-bath apartments, the 3 floor Skyhouse apartment and 2 ground floor retail units
• 11B, 15B, 17B, 18B are 2-bed/2.5-bath 1,488 SF residential units
• 27A 3-bed/3.5-bath 2,146 SF residential unit
• PHA, PHB, PHC, PHD are 5-bed/4.5-bath residential units
• The Skyhouse is 3-story, 11-bed/14-bath residential apartment with a glass-walled elevator, a private rooftop terrace, a pool and a jacuzzi
• G CML A and G CML B are two ground floor retail units with additional space on on the lower level.
• 28 PHA, 29 PHB, 30 PHC, 31 PHD, and 32-33 Skyhouse will be delivered in white box condition. 11 B, 15 B, 17 B, 18 B, and 27 A are fully furnished

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