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    2 Monroe Street

    2 Monroe Street
    New York, NY 10002
    Retail, Residential, Multifamily
    • Address 2 Monroe Street
    • neighborhood Chinatown
    • borough Manhattan
    • owner Ares Management
    • owner entity KNICKERBOCKER VILLAGE TENANTS ASSOCIATION
    • LIST/LAUNCH SALES 05/21/2009
    • floors 12
    • Year Built 1935
    • ag file plans 05/04/2009
    • AG FILE Link
    • residential units 1,590
    • commercial units 17
    • total units 1,607
    • square feet 1,396,625
    • const. status On the Market
    • block and lot 1-00253-0001
    • BIN 1077585
    • Event Sales
    • Building Name Knickerbocker Village
    • Address 10 Monroe Street
    • Neighborhood Chinatown
    • Borough Manhattan
    • Price $ 200,000,000
    • Price per foot $ 700.00
    • Publication Date 12/01/2007
    • Event Date 10/22/2007
    • Party 1 Cherry Green Property Corp.
    • Party 2 Apollo Real Estate Advisors
    notes
    The affordable housing complex sold for $200 million. Built in 1934, the property is the only New York City rental subject to Article 4 under the state's Private Financing Housing Law, which tightly restricts rents. One-bedrooms rent for an average of $700.
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