237 Duffield Street
The 21 story property spans 91,981 gross square feet, and features 110 high-end residences and extremely valuable retail. Built in 2018 and currently in the midst of the initial lease-up, ownership has meticulously constructed a turn-key building with no facet of work left undone.
The property benefits from a 25 year 421a Tax Exemption which will result in excellent cash flow.
A mix of studio, one, and two bedrooms all containing condominium level finishes. The luxury residences enjoy expansive views and natural light with highly functional, contemporary layouts. The kitchens are well appointed with Fisher & Paykel refrigerators, Bosch range microwave and dishwater, and Grohe & Kohler bathroom appliances. Replete with modern amenities, the building features two outdoor common areas, an indoor lounge, virtual doorman, package room, and bike storage.
There is a $52M mortgage that must be assumed.
Asking Price: $92,000,000