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Multi-Family | For Sale | $1,500,000 | 158,000 sqft

The building is a 19-story building built as a hotel in 1929 with 306 rooms on 17 floors (19 rooms per floor, 6,000+- sf per floor). Total of 335 bathrooms in the building (each room has its own plus common restrooms). First two floors and basement have approximately 14,000 sf each. Currently vacant. Property has been vacant since 1992 and does have asbestos (minimal asbestos report on file). There is an attached single story annex of 100 x 140. Possible uses of building: Condos, lofts, office, retail on 1st floor, hotel. The building needs renovation before it could be used as a multi-family building. This project should be considered a total rehabilitation/renovation project.

Price Per Sqft: $9

Available: 05/01/2012

Year Built: 1929

Listing ID: 176407


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1631 2nd Avenue North Details:

Building Description:

The building is a 19-story building built as a hotel in 1929 with 306 rooms on 17 floors (19 rooms per floor, 6,000+- sf per floor). Total of 335 bathrooms in the building (each room has its own plus common restrooms). First two floors and basement have approximately 14,000 sf each. Currently vacant. Property has been vacant since 1992 and does have asbestos (minimal asbestos report on file). There is an attached single story annex of 100 x 140. Possible uses of building: Condos, lofts, office, retail on 1st floor, hotel. The building needs renovation before it could be used as a multi-family building. This project should be considered a total rehabilitation/renovation project.

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