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Bankruptcy Sale_60 West 91st Street Offering Memorandum

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EXECUTIVE SUMMARY<br />

<strong>60</strong> <strong>West</strong> <strong>91st</strong> St, New York, NY<br />

Rosewood Realty Group is pleased to present the opportunity to purchase <strong>60</strong> <strong>West</strong> <strong>91st</strong> <strong>Street</strong>,<br />

a multifamily asset currently in <strong>Bankruptcy</strong>.<br />

MANHATTAN<br />

Comprised of 9 units, the 5-story 5,870 SF building has 3 remaining tenants, but has a clear path<br />

to vacancy.<br />

<strong>60</strong> W 91ST ST<br />

MANHATTAN<br />

After the building’s final tenants vacate, investors will be afforded the opportunity to combine and<br />

deregulate units or convert the property to a private townhouse.<br />

<strong>60</strong> <strong>West</strong> <strong>91st</strong> street, a tax class 2B building, is located in the affluent neighborhood of the Upper <strong>West</strong><br />

Side. The property is situated on a quiet tree lined block just steps to Central Park, and is close to retail<br />

corridors as well as major transportation.<br />

PROPERTY SNAPSHOT<br />

WEST 91ST STREET<br />

ADDRESS <strong>60</strong> W <strong>91st</strong> <strong>Street</strong>, New York, NY 10024<br />

PROPERTY TYPE<br />

Residential<br />

MARKET<br />

Upper <strong>West</strong> Side<br />

ASSESSOR PARCEL 01204-0054<br />

LOT SQ. FT.<br />

2,013 SF<br />

CENTRAL PARK WEST<br />

LOT DIMENSIONS 20 x 101’<br />

YEAR BUILT/RENOVATED 1900/1987<br />

NUMBER OF STORIES 5<br />

NUMBER OF UNITS 9<br />

RESIDENTIAL SQ. FT.<br />

5,870 SF<br />

ZONING DISTRICTS R7-2<br />

TAX CLASS<br />

2B<br />

10 | <strong>60</strong> W <strong>91st</strong> St, New York, NY<br />

<strong>60</strong> W <strong>91st</strong> St, New York, NY | 11

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