RFR buys UES rental building for $29M

Property at 9 East 75th Street has 18 apartments

TRD New York /
Jun.June 24, 2016 01:22 PM

RFR Holding has shelled out $28.7 million for an apartment building on the Upper East Side.

The firm, led by Aby Rosen and Michael Fuchs, purchased 9 East 75th Street, according to records filed with the city’s department of finance on Friday. The four-story building has 18 residential units — four of which are rent-stabilized — and one commercial unit.

The previous owner, Irvine Realty Group, purchased the building  in January 2015 for $17.9 million. The rental building is next to three homes that Russian billionaire Roman Abramovich plans to covert into a single mega mansion

A representative for RFR couldn’t immediately detail what the company’s plans are for the property.

In recent months, RFR has kept busy both acquiring and shedding commercial properties. In April, an investment group led by Rosen and Jared Kushner agreed to buy two Jehovah’s Witnesses’ buildings in Downtown Brooklyn for $700 million. Earlier this month, RFR entered a contract to sell its its office tower at 275 Madison Avenue to the RPW Group for $270 million.


Related Articles

arrow_forward_ios
Aby Rosen and Lever House at 390 Park Avenue (Credit: Getty Images and Google Maps)

Aby Rosen says Tod Waterman stabbed him in back on Lever House deal

40 East 72nd Street and Spiros and Antonia Milonas (Credit: Getty Images, iStock)

“Officially out of money”: Upper East Side condo in disarray

Lee Radziwill and her home at 160 East 72nd Street (Credit: Getty Images, Brown Harris Stevens)

Longtime home of Lee Radziwill, sister to Jackie O., sells for $4M

128 East 73rd Street (Credit: StreetEasy)

“Exceptionally wide” townhouse sells at exceptional discount

Luca Orlandi and Felipe Dutra (Credit: Getty Images and Google Maps)

Designer Luca Orlandi sells UES townhouse for $27M

From left: 2785 Broadway, 521 Bergen Avenue in the Bronx, and 1685 First Avenue (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

The Real Deal takes a look at the calls made to NYC’s 311 hotline over the past year. (Credit: iStock)

What NYC tenants complain about the most by neighborhood

21 East 63rd Street (Credit: Compass)

The Chopard Mansion is on the market for $40M

arrow_forward_ios