225 East 46th Street
New York, NY
Overview
Summary
- Asking Price Inquire for Pricing
- Stories 13
- Total Units 52
- Total Size 29,439 SF
Avison Young has been engaged by ownership as the exclusive agent to sell fifty-two (52) unsold residential condominium units located within the Executive House at 225 East 46th Street (the “Property”). The offering includes forty-two (42) fair market units (81% of the portfolio), totaling 24,893 SF, and ten (10) rent-stabilized units (19% of the portfolio), totaling 4,546 SF. The unit mix includes thirteen (13) studio units, eighteen (18) alcove studio units, nineteen (19) one-bedroom units, one (1) two-bedroom two-bathroom penthouse unit with a large private terrace, and one (1) combined two-bedroom two-bathroom unit. The offering includes sponsor’s rights and condo board seats.
Highlights
81% Free market
Sponsor’s rights and board seats
Value-add opportunity
Business plan flexibility for rentals or individual condo sales
Major employers, schools, and medical institutions located nearby
Live-work-play location
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