Showing posts with label The Mildred. Show all posts
Showing posts with label The Mildred. Show all posts

Wednesday, December 14, 2011

The Mildred is for sale


619 E. Fifth St. is now on the market. Price: $12,225 million. Here is part of the listing:

Massey Knakal Realty Services has been retained to sell 619 East 5th Street, also known as “The Mildred.” The property is a 40 unit, 6-story walk-up apartment building located on the north side of the East 5th Street cul-de-sac between Avenue B and Avenue C. The freestanding building consists of +/- 25,200 gross square feet and is fully occupied. Apartment layouts consist of 16 studio/one bedroom units, 4 one bedroom units, 9 two bedroom units, 9 three bedroom units, and 2 three bedroom duplex units. The 2 duplex units are located on the ground floor and go down to the lower level of the building with separate entrance/exit ways on the east side of the building. Of the 40 residential units, 27 units are Free Market and 13 units are Rent Stabilized.


On the plus site, the listing DOES NOT mention anything instantly alarming such as "includes 87,000-square-feet of air rights" or "building will be delivered vacant."

I'm curious, does anyone know why it's called The Mildred?