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1425 New York Avenue
Multifamily | Washington, DC

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The repositioning of a 287,000-SF vacant office property into a Class A+ residential community. Once complete, the Project will be the closest residence to the White House.

Deal Highlights

  • Rare Pre-development Funding Opportunity
  • Truly One-of-a-kind Location
  • Proximate to Major Employment Centers
  • Experienced Development Team
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New York, NY
The Knox - NYC Multifamily

36-story Property with 100% fair market units, acquired at a 15% discount to its previous transaction price from 2017, the Murray Hill property offers a compelling investment opportunity. Uniquely exempt from NYC rent regulation laws, the ongoing unit renovations aim to capture potential rent premiums.

Multifamily Value-Add
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New York, NY
The Knox - NYC Multifamily
36-story Property with 100% fair market units, acquired at a 15% discount to its previous transaction price from 2017, the Murray Hill property offers a compelling investment opportunity. Uniquely exempt from NYC rent regulation laws, the ongoing unit renovations aim to capture potential rent premiums.
15% discounted purchase price compared to 2017 acquisition
Central Manhattan – Murray Hill – one of NYC’s most desirable neighborhoods
Property is a market rent building exempt from NYC tenant eviction law
Multifamily Value-Add
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