Massey Knakal has been retained on an exclusive basis to arrange for the sale of the Vested Remainder Interest for 313 East 18th Street, currently held in a life estate.
The property is a 20-foot-wide, four-story townhouse on the north side of East 18th Street between First and Second Avenues. It contains approximately 3,200 square feet. This interest is not entitled to collect any rents nor is it responsible for any expenses, real estate taxes, insurance, repairs or maintenance to the premises.
The property cannot be sold by the Life Estate Owner without thewritten consent of the Remainder Interest Owner.
All bids on this property are due by Friday, October 3 at 5 p.m.
Neighborhoods: Gramercy Park/ Agents: John Ciraulo