Investment Snapshot

East 83rd Street, NY

Highlights

An adaptive reuse of two adjacent tax lots in Manhattan’s Upper East Side. Will bring to market a single stand-alone townhouse and an elite-level, seven-story, 20,000+ sq. ft. condominium. The project is led by AVENU Partners and is structured as preferred equity.

Sector	Townhomes / Condos
Invested Equity	$16 M
Annual Cash Yields	N/A
IRR	20%+
Funds Invested	$250,000
Status	In Development
Investment Date	2027
Location	New York, NY