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    211 East 25th Street

    211 East 25th Street
    New York, NY 10010
    Residential, Leasing/Rental, Multifamily
    • Address 211 East 25th Street
    • neighborhood Kips Bay
    • borough Manhattan
    • owner Croman Real Estate
    • owner entity 209 E25 LLC
    • floors 5
    • Year Built 1950
    • residential units 44
    • total units 44
    • square feet 24,640
    • block and lot 1-00906-0006
    • BIN 1019822
    • Event Sales
    • Address 209 East 25th Street
    • Neighborhood Kips Bay
    • Borough Manhattan
    • Price $ 18,000,000
    notes
    The elevatored properties, which total 48,916 square feet, sold for $18 million, which represents a capitalization rate of 4.1 percent, a per square foot price of $367.96, and a gross rent multiple of 14.5. The properties comprise 85 residential units, of which four are rent-controlled and 81 are rent-stabilized. Includes 211 East 25th Street and 290-294 West 12th Street.
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