|
|
|
 |
|
|
|
 |
New York Office :: 169 Columbia Heights CD 133
|
|
|
 |
|
 |
|
 |
|
|
|
 |
 |
|
169 Columbia Heights Club Deal 133 Brooklyn Heights, New York, USA
Contact: 212.249.6600
Formerly The Standish Arms Hotel, this investment represented an opportunity to acquire scarce premium apartment rental product in Brooklyn Heights. 169 Columbia Heights is the only high-rise apartment building with an elevator on this historic neighborhood's most exclusive street - Columbia Heights. Taurus will seek to maximize the value of this real estate by renovating the property into rental apartments. Conversion of existing units into the 100 rental apartments is expected to generate a rent roll of approximately $4.1MM, projected NOI of $3.2 million, and a 3-year projected structured IRR of 15%.
In the Media
|
|
 |
|
|
 |
|
|
|
 |
|
|
|
 |
|
 |
 |
 |
© 2008 TAURUS INVESTMENT HOLDINGS, LLC.
THIS SITE IS INTENDED FOR INFORMATIONAL PURPOSES ONLY.
|
|
|
|
Taurus, TIH, and Taurus Investment are the international marketing names for all activities of Taurus Investment Group, Inc., Taurus Investment Holdings, LLC,
Taurus Capital Markets, LLC, Taurus Management Services, LLC, Taurus New England Investment Corp. and their affiliates.
| Created by |
|
 |
|
|
|
|
|