UCC Foreclosure Sale: 4 Building Portfolio

84-53 Dana Court, Queens, NY

Market Price

Price

$857,479

NOI

50,040 sqft

Building Size

Overview
NOI
$857,479
Building Size
50,040 sqft
Lot Area
19,873 sqft
Units
47
Year Built
1925
Zoning
R5D, C1-3
Floors
4
Description

Rosewood Realty Group has been exclusively engaged to offer for sale all of Debtor’s right, title and interest in and to Debtor’s combined 100% limited liability company membership interest

PORTFOLIO SUMMARY

1587 3RD AVE, MANHATTAN
1587 3rd Avenue is located on the east side of Third Avenue between East 89th Street and East 90th Street in the Upper East Side of Manhattan. The subject represents a vacant 6-story plus basement commercial building with a drive-in garage and office space on the ground level and storage space on floors two through six. The subject contains 15,750 SF of gross building area and was constructed in 1915.

438-440 W 45TH STREET, MANHATTAN
438-440 W 45th Street is two adjacent 5-story plus basement walk-up multifamily buildings that includes 30 apartments with a total floor area of 18,350 SF. The average unit size is ±520 SF. 438 West 45th Street was built in 1920 and 440 West 45th Street was completed in 1901

331 E 14TH STREET, MANHATTAN
331 East 14th Street is located on the north side of East 14th Street between 1st Avenue and 2nd Avenue in the East Village neighborhood of Manhattan, New York. The subject property represents a 7-story plus basement mixed-use residential and retail building that includes a total of 25 apartments and 1 ground floor retail unit. The gross building area above-grade is 11,331 SF. The residential unit mix is comprised of 12 studio units, 12 one bedroom units, and 1 one-bedroom garden unit. The retail component of the subject contains 1,000 SF of rentable area.

84-53 DANA COURT, QUEENS
The subject consists of six buildings that occupy the entire block-front on the west side of Woodhaven Boulevard between Dana Court and 63rd Road in the Middle Village section of Queens, New York. The primary building at the subject is a 4-story mixed-use residential and retail building and the remaining 5 buildings are 2-story mixed-use residential and retail buildings. The subject contains a combined total of 47 apartments and 8 ground floor retail units. According to public records the combined gross building area is 50,040 SF. The residential unit mix is comprised of 35 one-bedroom units and 12 two-bedroom units. The retail component of the subject contains a combined total of 11,250 SF of rentable area.

Bid Deadline: Monday, June 5th, 2023
Auction Date: Wednesday, June 7th, 2023

Highlights
  • UCC Foreclosure Sale
  • 4 Building Portfolio
  • 102 Residential Units
  • 10 Commericail Units
Documents
Title
Front_Cover.pdf
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Location