MENU
CLIENT ACCESS
MENU
CLIENT ACCESS
Following a robust second quarter, sales activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248, according to Ariel Property Advisors’ Q3 2024 Multifamily Quarter in Review New York City.
2 Multifamily Buildings | 54 Units | Predominantly Free Market: 453 & 465 West 152nd Street
NOV
6
Two pre-war walk-up buildings totaling 54 units in Hamilton Heights; 98% occupied and 52% free market, offering both steady cash flow and potential upside
541 PBV / TBV Units | 4 Assets: 1200 Unit NYC Affordable Housing Portfolio
NOV
6
Recent 610 amendment to existing regulatory agreements allow for significant revenue growth;46% of units are currently occupied by voucher based tenants
Vacant, 2-Family Townhouse with Elevator in Turtle Bay: 245 East 52nd Street
NOV
5
Vacant, 6-story, 5,490 square foot, 2-unit townhouse with elevator located on 52nd Street between 2nd and 3rd Avenues; Both units are floor-through triplexes comprised of 4 bedrooms and 2.5 bathrooms, with private backyard patio and roof deck
