Bankruptcy Sale: 162-164 East 82nd Street, NYC

162 East 82nd Street, New York, NY

$10,000,000

Price

$755,124

NOI

19,670 sqft

Building Size

Overview
NOI
$755,124
Building Size
19,670 sqft
Lot Area
5,108 sqft
Units
37
Year Built
1920
Floors
5
Description

Rosewood Realty Group has been exclusively retained to run the Bankruptcy Sale of 162-164 East 82nd Street, New York

• Two contiguous multifamily buildings
• Value add: majority of FM units getting below market rents
• 37 units, 32 of which are beautifully renovated
• 68% Free Market apartments
• Near term upside by increasing rents
• 19,670 square feet (each building is 9,835 SF)
• New roof, boiler and hot water system
• Prime Yorkville, Upper East Side
• Surrounded by top restaurants, boutiques, art, and shopping.
• Near The MET Museum, Central Park, Serafina, Fairway Market, and Crunch Fitness.
• Centrally located, blocks from 4, 5, 6 and Q subway lines

BID DEADLINE: Tuesday, June 13th 2023 at 5:00 PM
AUCTION DATE: Thursday, June 15th, 2023 at 11:00 AM

OPENING BID: $10,000,000

Documents
Title
East_82nd.pdf
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Location
Gallery