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Madison I

 
 
 
 
 
 
 
 
 
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Madison is a five-story, walk-up apartment building comprised of 20 rent-stabilized apartments and two retail units, located within the burgeoning Lower East Side neighborhood of Manhattan.  Since purchasing the property in June of 2017, BH3 has renovated and leased four apartments that were vacant at closing, implemented upgrades in an industrial chic theme and legalized basement spaces for retail, nearly doubling average rental rates.

Strategy: Opportunistic Investment

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Florida Office

Florida Office
819 NE 2nd Avenue
Suite 500
Fort Lauderdale, FL 33304
Phone: 954-416-3140
Fax: 954-603-3432

New York Office

New York Office
475 Park Avenue South
Suite 1206
New York, NY 10016
Phone: 646-289-8688
Fax: 212-208-0928

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