The subject properties are two contiguous 6-story, mixed-use, walk-up apartment buildings totaling approximately 30,900 square feet. The property has fifty-four (54) residential units above four (4) stores on the ground floor. Of the fifty-four (54) residential units, twenty-seven (27) are free market, twenty-five (24) are rent stabilized and three (3) are rent controlled. The property has four unit types: two (2) studios, eleven (11) one bedrooms, thirty-seven (37) two bedrooms and four (4) three bedrooms. The rent regulated apartments are renting for approximately $28/NSF or 37% of market. All of the free market apartments have been gut renovated featuring new hardwood floors, stainless steel appliances and granite countertops.
I'm not sure how long these have been here ... if you look at the building, between Avenue A and Avenue B, there are yellow posters (six in total) on display in several windows.
To help you read it:
I know some of the backstory here about the landlord(s), though not enough to feel comfortable writing about... If you have something to add about the addresses/landlord(s), please feel free to share more in the comments.
