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LANA 515 9th Ave

108 Unit Apartment Building For Sale New York, NY 10018

Investment Highlights

  • 108 Units Free Market Multifamily in Hudson Yards

Executive Summary

The Anton Group at Marcus & Millichap, as exclusive agent to ownership, is pleased to offer for sale the residential condominium unit within The Life at Hudson Yards (“The Property”). Built in 2014, The Property is a 108 unit, 89,511 square foot luxury multi-family condominium, which shares a building with The Cassa Times Square hotel (Floors 2-4). The building also includes retail, parking,
and community facility condominiums. Only the residential condominium is included in this offering. The Property is an ambitiously re-envisioned boutique development in the heart of Hudson Yards. The 108 units range from studios to three bedroom apartments, all located on floors 5-12. The building includes a full service, 24/7 concierge, fitness center, storage space and a magnificent rooftop
amenity designed by Future Green. The current 421a tax abatement expires in June 2022. Every new or expiring lease will be deregulated and free market after this date. Over the past five years, boosted by $25+ billion of private and public spending, the Hudson Yards neighborhood has become Manhattan’s premier live-work-play destination. The Property’s next owner will be able to take full advantage of market appreciation in the City’s fastest growing neighborhood.

Attachments

515 Ninth_Teaser

Data Room Click Here to Access

Property Facts

Sale Type Investment
No. Units 108
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.35 AC
Building Size 89,511 SF
Average Occupancy 100%
No. Stories 12
Year Built 2014
Parking Ratio 0.01/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Freezer
  • Garden

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Concierge
  • Fitness Center
  • Doorman
  • Roof Terrace
  • Storage Space
  • Elevator
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 31 - -
1+1 61 - -
2+2 12 - -
3+2 4 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0736-0031
  • 0736-0039
  • 0736-0032
  • 0736-1006
Land Assessment
$1,908,592 CAD
Improvements Assessment
$1,426,447 CAD
Total Assessment
$1,948,079 CAD
  • Listing ID: 24886677

  • Date on Market: 2022-01-21

  • Last Updated:

  • Address: 515 9th Ave, New York, NY 10018

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