Listed by Ariel Property Advisors
Unpriced
Hudson View II & III
Details
Property Type Retail
Units 280
Buildings 8
Stories 21
Lot Size (SqFt) 2,898 - 30,077
Zoning R7D / C2-4 R7D/R7A/C1-4/C2-4
4 Mark-Up-To-Market Project-Based Section 8 Buildings in Harlem
Marketing description
For sale
Investment highlights
Bidding Deadline: Thursday, December 5th, 2024
Buildable Sq. Ft. (As-of-Right) 124,220, 28,084, 41,966, 42,000 , 12,170
Commercial Units 22
143k SF across 4 properties
5 year HAP agreements
Expiring Article V Shelter Rent Tax agreement
129 Project-Based Section 8 voucher units
Mark-up-to-Market HAP Agreements in-place
11 commercial units located on major Manhattan retail thoroughfare, Amsterdam Avenue
Over 200’ of retail frontage
Leases contain automatic increases of 3%-4% at expiration
Strong historical cash flow
Listing Contacts
Listed by Ariel Property Advisors
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