485 East 28th Street
- New Construction Elevator Building
- Exempt from Good Cause Eviction
- Unit Mix
- Immediate Parking Upside
- Free-Market Upside
Property Description
485 East 28th Street is a 7-story building, comprising approximately 16,200 SF across seventeen (17) residential units, one (1) ground-floor duplexed community facility space and nine (9) available parking spaces. The unit mix includes six (6) rent-stabilized affordable units, nine (9) rent-stabilized threshold units, and two (2) free-market units all of which will revert to fair market status at the end of the abatement period. Additionally the building has a Certificate of Occupancy from 2023 which makes the building exempt from Good Cause Eviction until 2053.
Broker Details
Avison Young 212 277 5557
Broker Details
Avison Young - US - NY - New York (212) 735-8554
Broker Details
Avison Young - US - NY - New York 212 729 1623
Broker Details
Avison Young - US - NY - New York 917 842 6051
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $7,200,000 |
| Lot Size: | 16,200.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
2209 Philadelphia Avenue
Northern Cambria, Pennsylvania
400 11th St
New Kensington, Pennsylvania
500 Della Drive
North Versailles , PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout