A listing appeared yesterday for 528 E. Sixth St. between Avenue A and Avenue B... Here's part of the listing from Think Properties:This building was built in 2008 has a 421-A tax abatement. This building is adjacent to the Creative Little Garden and a few blocks away from Tompkins Square Park. This building contains 11 rent stabilized apartments, 2 apartments per floor and one apartment on 6th floor. Each unit has Rome & Juliet Balconies. Both apartments on first floor are duplex apartments one apartment in rear has 480 private backyard. The rear apartments have 140sf balconies besides second floor apartment that has backyard. Apartment features all stainless steel appliances with dishwasher, and each unit has its own Washer/Dryer.
Price: $11 million. Nothing in the listing is immediately frightening, like, includes air rights ... or, will be delivered vacant... or, perfect for a single-family home ... or, ...
4 comments:
(a) This building sold for $5.35MM LAST YEAR. The owners are have had too much of the neighborhood crack.
(b) The apartments listed on streeteasy all had rents in the $3K per month range. How is that rent stabilized??
Isn't this where Daniel Craig supposedly lived?
Ah yes, Shakespeare's immortal "Rome and Juliet".
That listing sounds like it was written by a sausage.
Apartments can be stabilized at any price... that goes along with the tax abatement.
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