advanced search 2 Monroe Street
New York, NY 10002
Retail, Residential, Multifamily
BBL: 1002530001
- 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
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- 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.