INWOOD — A group of more than a dozen buildings containing 359 apartments and two stores is going up for sale as a single group — for the asking price of $62 million.
Eastern Consolidated, a Manhattan-based commercial real estate firm, announced the sale in a statement released Tuesday, adding that their “13-building multifamily portfolio” stretches along Sherman Ave., Post Ave., Academy St. and Vermilyea Ave. are well-maintained and have “significant inherent future upside potential.”
Although no further address information was disclosed, the properties are described as being “steps from the vibrant Dyckman Street retail corridor and near several major Upper Manhattan and Bronx employment centers.”
Eastern Consolidated did not immediately reply to a request for comment on specifics about the sale.
Some of the streets listed are located in East Inwood, where a bulk of the housing are rentals. That area is currently undergoing a neighborhood planning study as part of the Mayor’s affordable housing proposals.