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1425 New York Avenue - Stage Two
Multifamily | Washington, D.C.

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Conversion of a vacant office building into a luxury apartment high-rise location, one block from the White House.

Deal Highlights

  • Supply-constrained downtown D.C. location with limited construction pipeline
  • 100M SF of office within one mile, including World Bank, IMF, Capitol Building
  • Permits secured, site work underway, construction price cap planned
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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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