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New York & Tri-State  + New York + Uptown/Bronx  + Apartments  |  May 15, 2023
Emily Fu
By: Emily Fu

Washington Heights Multifamily Property Hits Market 

A pre-war, 10-story apartment building in Washington Heights is in the market for sale with an anticipated pricing of $13.75 million. The property features 62 apartments with rent-stabilized, rent-controlled, and free-market units.  

Located at 788 Riverside Drive., the property spans 80,678 square feet and comprises 62 apartments. Of these, 45 apartments are rent-stabilized, eight are rent stabilized at market rates, five are rent-controlled, and four are free market units. The building has an average unit size of 1,025 square feet. 

The JLL team, led by Hall Oster and Paul Smadbeck, will represent the seller.  

Read More News Stories About: JLL
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Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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