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549 & 573 Isham St Sale 2 Multifamily Properties Offered at $11,000,000 in New York, NY
Executive Summary
INVESTMENT HIGHLIGHTS
74% Free-Market Dominance: Escape theconstraints of rent regulation with a portfolio heavily weighted toward market-rate units and uncapped growth
Legacy Pride of Ownership: A rare, well-cared-for asset with a clean track record and decades of consistent management
Quantifiable Upside: Below-market FM rents offer path to increased NOI
Prime Upper Manhattan Connectivity: Located just steps from major subway lines, offering a seamless commute and a vibrant, "live-work-play" neighborhood atmosphere
74% Free-Market Dominance: Escape theconstraints of rent regulation with a portfolio heavily weighted toward market-rate units and uncapped growth
Legacy Pride of Ownership: A rare, well-cared-for asset with a clean track record and decades of consistent management
Quantifiable Upside: Below-market FM rents offer path to increased NOI
Prime Upper Manhattan Connectivity: Located just steps from major subway lines, offering a seamless commute and a vibrant, "live-work-play" neighborhood atmosphere
Property Facts
| Price | $11,000,000 | Number of Properties | 2 |
| Price / SF | $169.84 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 64,768 SF |
| Status | Active | Total Land Area | 0.38 AC |
| Price | $11,000,000 |
| Price / SF | $169.84 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 64,768 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 549 Isham St, New York, NY 10034 | Multifamily | 36,210 SF | 1922 | - |
| 573 Isham St, New York, NY 10034 | Multifamily | 28,558 SF | 1921 | - |
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549 & 573 Isham St Sale
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