421 E 12th St
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421 E 12th St
10 Unit Apartment Building For Sale New York, NY 10009
Executive Summary
421 E 12th Street, New York contains 1 one bedroom/one bathroom; 9 two bedroom/one bathroom apartments and ground florr and lower level commercial space (10,512 sq. ft.).
Bankruptcy Sale or Refinancing
Bid Deadline: November 20, 2024 | Auction Date: December 3, 2024
Cherny Properties, Inc. & Cherny Realty, Inc. have retained Keen-Summit Capital Partners LLC (“Keen”), as its exclusive real estate for the sale or refinancing (the “Transaction(s)”) of the real property located at 421 East 12 Street, New York, NY and 511 East 6th Street, New York, NY. The buildings are offered individually or together.
Sale subject to buyer’s premium / Brokers must be paid by their buyers
Bankruptcy Sale or Refinancing
Bid Deadline: November 20, 2024 | Auction Date: December 3, 2024
Cherny Properties, Inc. & Cherny Realty, Inc. have retained Keen-Summit Capital Partners LLC (“Keen”), as its exclusive real estate for the sale or refinancing (the “Transaction(s)”) of the real property located at 421 East 12 Street, New York, NY and 511 East 6th Street, New York, NY. The buildings are offered individually or together.
Sale subject to buyer’s premium / Brokers must be paid by their buyers
Property Facts Under Contract
| Sale Type | Investment | Building Class | C |
| Sale Conditions | Distress Sale | Lot Size | 0.06 AC |
| No. Units | 10 | Building Size | 12,780 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 2001 |
| Apartment Style | Mid Rise |
| Sale Type | Investment |
| Sale Conditions | Distress Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 12,780 SF |
| No. Stories | 6 |
| Year Built | 2001 |
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- 24 Hour Access
- On-Site Retail
- Walking/Biking Trails
- Storage Space
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 9 | - | - |
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 0440-0049 | Improvements Assessment | $1,263,456 |
| Land Assessment | $175,500 | Total Assessment | $1,438,956 |
PROPERTY TAXES
Parcel Number
0440-0049
Land Assessment
$175,500
Improvements Assessment
$1,263,456
Total Assessment
$1,438,956
zoning
| Zoning Code | R8B (R8B) |
| R8B (R8B) |
-
Power Broker Heather Milazzo -
Power Broker Christopher Mahoney -
Chris Katchadurian -
Keen-Summit Capital Partners LLC
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421 E 12th St
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