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Timely Negotiations Protect Asset Value for Seller Amidst Changing Rent Laws

OVERVIEW 145 Henry Street and 15-19 Wyckoff Street | Brooklyn, NY 83-Unit Value Add Multifamily Henry Street: 43-Unit Elevator Building Wyckoff Street: 40-Unit Walk-Up Building ~33% Rent Regulated ± 66,500 SF Total Seller Representation Approximate In-Place Cap Rate of 3.2% Sale Price: $36,650,000 ($550/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume   VICKRAM JAMBU D  (212) 776-1279 Email // Resume   The Client The client…

Comprehensive Nature and Transparency of Diligence Available Opens the Investor Pool for NYC Multifamily Asset

OVERVIEW 308 West 82nd Street | New York, NY 49 Unity Multifamily Asset ~30% Rent Regulated ± 25,000 SF Seller Representation Sale Price: $18,650,000 ($746/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume   VICKRAM JAMBU D  (212) 776-1279 Email // Resume   The Client Lee & Associates NYC represented the seller, a high net worth individual with global holdings, who sought liquidity in a turbulent…