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.
at

2 comments:

  1. Sh!tMyTenantsSayApril 17, 2013 at 10:27 AM

    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...

    ReplyDelete
  2. AnonymousApril 17, 2013 at 12:30 PM

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

    ReplyDelete

Your remarks and lively debates are welcome, whether supportive or critical of the views herein. Your articulate, well-informed remarks that are relevant to an article are welcome.

However, commentary that is intended to "flame" or attack, that contains violence, racist comments and potential libel will not be published. Facts are helpful.

If you'd like to make personal attacks and libelous claims against people and businesses, then you may do so on your own social media accounts. Also, comments predicting when a new business will close ("I give it six weeks") will not be approved.