Wednesday, April 17, 2013

Another East Village walk-up apartment building is on the market

There's a new listing for 228 Avenue B just south of East 14th Street. Here's the description per Besen:

Built in 1900, this 6-story walkup apartment building is comprised of 21 apartments and 2 stores, and has approximately 12,613 SF. Approximately 60% of the apartments are rent stabilized, offering an investor stable cash flow with continued growth potential. The building is close to Tompkins Square Park and the 14th Street/1st Avenue L subway line.

Asking price: $8.9 million.


Sh!tMyTenantsSay said...

Maybe EVG should do a kickstarter and buy buildings and try to run them via the standards promoted here. It would be a very interesting experiment...

Anonymous said...

I live in this building 20 years as of May. Can't wait to see who we get for a landlord this time : /