Property Overview: Landmarked mixed-use building located on West 8th Street between 5th Avenue and McDougal Street.
Investment Overview: Acram Group executed an extensive renovation of the entire property, including all apartment units, building common areas, the retail store and building systems. Acram Group’s repositioning of the asset nearly doubled the building’s NOI before its eventual sale.
Address:
19 West 8th Street
New York, NY
Property:
8,500 sf mixed-use building
Acquisition Date:
August 2011
Sale Date:
June 2014
Strategy:
Opportunistic
Status:
Realized
