top of page

181 E. 90TH ST 7DE

PRICE

$2.345M

 

BED/BATH

4 BED / 4.5 BATH

 

SF

2,569 SF

VALUE CREATION

Helped an apartment owner realize significant value arbitrage associated with their real estate. 

When a neighboring apartment came up for sale, identified that the combined apartments with 4 bedrooms would sell for a higher market value per square foot. Supported the purchase of the apartment, an easement for additional corridor space, and plans for the combination.

 

In about a year, the two units with the architectural plans to combine were sold for $4.125 or 38.4% more than the owner's cost basis.

bottom of page