The Real Deal New York

Sales launch at RFR’s 300 East 64th Street

Condo conversion offering up one-, two- and three-bedroom mix starting at $795K
May 19, 2014 06:15PM

Aby Rosen’s RFR Realty kicked off sales at 300 East 64th Street Monday, a rental complex-turned-condominiums.

The 31-story building holds a mix of one-, two- and three-bedroom homes along with a penthouse unit, according to a release from RFR. Pricing starts at $795,000. Douglas Elliman Development Marketing is handling marketing and sales at the 16-year-old property, which was redesigned by Stonehilll & Taylor, known for their work with luxury resorts and hotels.

Rosen secured a $70 million refinancing for the apartment complex last month, which the firm, formally known as RFR Davis, built during the mid 1990s as one of its first projects. The firm took out a $24 million collateral mortgage on the property in 2009, then refinanced that loan in 2010. The most recent $70 million refinancing replaced the previous loan and carries a three to five-year term, according to previous reports. — Julie Strickland