The subject property
consists of three contiguous 23’ wide, 5-story mixed use apartment buildings
located on the east side of Tenth Avenue between West 45th and West 46th
Streets. The properties combine for a total of approximately 70’ of frontage. In
total there are twenty-four (24) one-bedroom apartments, twenty (20) of which
are currently vacant. Of the four occupied apartments, three (3) are rent
stabilized and one (1) is rent controlled. Each of the three buildings benefits
from retail space on the ground floor that is currently leased. The vacant units
and common areas are in need of complete gut renovation. All of the properties
have their own basement, with sufficient room for storage.
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Neighborhoods: Midtown West