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West 49th

 
 
 
 
 
 
 
 
 
 
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West 49th is a five-story walk-up apartment building comprised of 20 rent stabilized apartments situated in the heart of Manhattan’s Hell’s Kitchen.  The building was suffering from severe deferred maintenance upon closing in March of 2016.  Since then, BH3 has made extensive building-wide capital improvements, including gut renovating vacated apartments, which has increased rent revenue dramatically and improved quality of life for the entire building.

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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