99 Gold Street Hits the Market
99 Gold Street, the 87-unit rental building in Vinegar Hill, was put up for sale yesterday by its owner, the HK Organization. No asking price accompanied the listing and only minimal financial information–that “scheduled gross revenues” were $3.6 million–was provided. (You need to sign a confidentiality agreement to learn more.) The former warehouse was converted…
99 Gold Street, the 87-unit rental building in Vinegar Hill, was put up for sale yesterday by its owner, the HK Organization. No asking price accompanied the listing and only minimal financial information–that “scheduled gross revenues” were $3.6 million–was provided. (You need to sign a confidentiality agreement to learn more.) The former warehouse was converted to condos in 2005-2006. After a year on the market and only half the units spoken for, however, the developer threw in the towel and switched to rentals. You can check out the listing here. GMAP
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