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2145 2nd Ave
New York, NY 10029
Multifamily Property For Sale
·
8 Units
Investment Highlights
- The Loan provides investors the ability to potentially step into the ownership position on a mixed-use property at an attractive basis.
- The retail portion of the Property is currently 100% occupied by a traditional steakhouse that has occupied the Property dating back to 2011.
- The Property is situated within two-blocks of a subway station that services the 4-6 lines, providing access to the Bronx, Manhattan, and Brooklyn.
- East Harlem Multifamily Submarket is highlighted by dwindling vacancies driven by renters competing for limited inventory.
Loan Details
Loan Status
Lien Position
Outstanding Balance
Original Balance
Maturity Date
Original Term
Loan Status
Lien Position
Outstanding Balance
Original Balance
Maturity Date
Original Term
Remaining Term
Interest Rate
Rate Type
Non-Recourse
Cross-Collateralized
90+ Days Delinquent
First
$1,975,972
$2,100,000
11/10/2027
1 Months
90+ Days Delinquent
First
$1,975,972
$2,100,000
11/10/2027
1 Months
19 Months
6.89%
Fixed
Yes
No
Remaining Term
Interest Rate
Rate Type
Non-Recourse
Cross-Collateralized
19 Months
6.89%
Fixed
Yes
No
Property Facts
| Sale Condition | Auction Sale | Building Class | B |
| Type of Ownership | Fee Simple | Lot Size | 0.04 AC |
| No. Units | 8 | Building Size | 7,375 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1910 |
| Apartment Style | Mid-Rise | APN / Parcel ID | 1660-0023 |
| Zoning | R8A - High density residential district | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 7,375 SF |
| No. Stories | 5 |
| Year Built | 1910 |
| APN / Parcel ID | 1660-0023 |
| Zoning | R8A - High density residential district |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
1 of 1
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