Monday, March 3, 2014

Real Estate Monday

Just down the block from the old White Eagle Tavern, Rutenberg Realty is offering three eight-family apartment buildings for sale (225 - 229 23rd Street) at $6,800,000.
 
THREE 8 FAMILY BRICK BUILDINGS FOR SALE AS A PACKAGE DEAL AS IS FOR
$6,800,000 IN THE SOUTH PARK SLOPE AREA

The rent-roll is $120,000, though it's unclear if this is for just one or all three buildings.  Either way, this looks like the loss of many rent-stabilized homes.


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