Vacant Manhattan M/U Building

Vacant Manhattan M/U Building
New York, NY
Prime Upper Manhattan Location
Past Auction

Property Highlights

Size
14,697
Address
2027 First Avenue
City, State
New York, NY
Suggested Opening Bid
$1,900,000

How to Participate

  1. Download Brochure Click Here
  2. Purchase Due Diligence
    No Longer Available
  3. Attend Inspection
    Call (212) 867-3333 to schedule an inspection
  4. Bid & Win!
    Auction Location and Time
    Wednesday, June 15, 2011
    Roosevelt Hotel
    45 East 45th Street (at Madison Avenue)
    New York, NY

    Registration Begins at 6pm
    Auction Commences at 7pm
Suggested Opening Bid $1,900,000 Paramount Realty USA is the exclusive agent representing the owner in the sale of the fee interest in a 14,697 sf property located at 2027 First Avenue, New York County, New York, NY (the "Property"). The Property is a nine story masonry and steel-frame multifamily building comprised of seven (7) 2BR/2BA residential units and one (1) 1BR/1BA residential unit built with condominium finishes, one ground-floor community room, and a finished basement containing an office and utility rooms. Completed in 2009, the Property benefits from 421a tax incentives which results in a significant reduction in real estate taxes. The Property will be delivered vacant. Broker Participation Invited (see below). 10% Buyer's Premium.

Broker Participation

Click below to download registration form Download