212-430-5209
515 9th Ave, New York, NY for Sale
Apartments - FOR SALE
1/3
null | Request Cap Rate

515 9th Ave
New York, NY 10018


HIGHLIGHTS

  • 108 Units Free Market Multifamily in Hudson Yards

OVERVIEW

The Anton Group at Marcus & Millichap, as exclusive agent to ownership, is pleased to offer for sale the residential condominium unit within The Life at Hudson Yards (“The Property”). Built in 2014, The Property is a 108 unit, 89,511 square foot luxury multi-family condominium, which shares a building with The Cassa Times Square hotel (Floors 2-4). The building also includes retail, parking, and community facility condominiums. Only the residential condominium is included in this offering. The Property is an ambitiously re-envisioned boutique development in the heart of Hudson Yards. The 108 units range from studios to three bedroom apartments, all located on floors 5-12. The building includes a full service, 24/7 concierge, fitness center, storage space and a magnificent rooftop amenity designed by Future Green. The current 421a tax abatement expires in June 2022. Every new or expiring lease will be deregulated and free market after this date. Over the past five years, boosted by $25+ billion of private and public spending, the Hudson Yards neighborhood has become Manhattan’s premier live-work-play destination. The Property’s next owner will be able to take full advantage of market appreciation in the City’s fastest growing neighborhood.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

108

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LANA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

12

YEAR BUILT

2014

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

0736-0031,0736-0032,0736-0039,0736-1001

ASK ABOUT THIS PROPERTY

Eric AntonMarcus & MillichapMore Info
212-430-5209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Eric AntonMarcus & MillichapMore Info
212-430-5209

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.