68-74 East End Ave | New York, NY
This opportunity consists of four 5-story walk up buildings, accommodating of 27,000 square feet. Located in the prestigious East End market, this property sits in one of New York City's prime residential neighborhoods. Brickman sold one of the buildings, and was able to negotiate a relocation of the two rent-controlled tenants, unlocking significant development value. In December of 2005, the property was recapitalized by a joint venture between affiliates of Brickman and was ultimately sold.
Property Details
- Property Type
- Condominium
- Investment Type
- Equity
- Acquisition Date
- Jul-04
- Realization Date
- Jul-05