Vacant Manhattan M/U Building
New York, NY
Prime Upper Manhattan Location
Past Auction
Highlights
Size
14,697
Address
2027 First Avenue
City, State
New York, NY
Suggested Opening Bid
$1,900,000
How to Participate
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Download Brochure Click Here
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Purchase Due DiligenceNo Longer Available
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Attend InspectionCall (212) 867-3333 to schedule an inspection
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Bid & Win!Auction Location and Time
Wednesday, June 15
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.