On the Market: 5 Interesting Listings for the Week of 8/14

This week's listings include a 1901-built Hell's Kitchen brownstone and a recently upgraded 1924-built property in Burbank, Calif.

On the Market is a weekly department curating the most interesting recent for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.

Montebello Apartments

Location: Phoenix, Ariz.

Price: $2.7 million

Price/Unit: $150,000

Building Size: 14,050 SF

Units: 18

Features: Mix of studio, one- and two-bedroom apartments; recent upgrades include new vinyl plank flooring, lighting fixtures, washer/dryers, quartz countertops and stainless steel appliances; exterior improvements include new paint, roofs, driveways and a redesigned courtyard and pool; located within walking distance from Phoenix’s restaurant row.

Contact: Eddie Chang, ABI Multifamily, 602-714-1398

Courtyard Apartments

Location: Lakewood, Colo.

Price: $2.8 million

Year Built: 1970

Building Size: 19,932 SF

Units: 17

Features: Turn-key 17-unit property; two-bedroom/two-bathroom units with front and rear entrances; both roofs will be replaced prior to closing; located on 12th and Zephyr within walking distance from Wadsworth Light Rail Station.

Contact: Josh Newell, Pinnacle Real Estate Advisors, 303-962-9555

providencia703 E. Providencia Ave.

Location: Burbank, Calif. 

Price: $2.8 million

Year Built: 1924

Building Size: 6,686 SF

Units: 10

Features: Renovated this year; property consists of three studios and seven one-bedroom units; property includes five individual garages, laundry room and outdoor common area; renovations include new copper plumbing, windows, exterior light fixtures, wood facade; kitchens have been upgraded with white quartz kitchen countertops, new cabinets, vinyl flooring.

Contact: Barry Gordon, Marcus & Millichap, 213-943-1820

graystoneGraystone Plaza

Location: Salt Lake City, Utah

Price: $1 million

Year Built: 1962

Building Size: 13,851 SF

Units: 11

Features: Live/work building in desirable Sugarhouse area; Google Fiber available; designated parking; financing available; $6.82 price per unit. 

Contact: Brian Hymel, Realty One Group, 801-381-7033

ny451 West 50th Street

Location: New York, N.Y.

Price: $6.3 million

Year Built: 1901

Building Size: 4,247 SF

Units: 3

Features: Hell’s Kitchen brownstone with brick facade; Duplex apartment consists of three bedrooms, two bathrooms and two kitchens; garden level of duplex has access to private garden; third-level apartment is a convertible two-bedroom/one-bathroom apartment with a private balcony; last apartment has potential to be a convertible 2.5-bedroom railroad apartment.

Contact: Alex Robayo, Ideal Properties Group, 917-600-7928

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