Rent-Regulated Building Overview

Property Description

197 Lenox Avenue: NYC Tax Lien REO. Property is being sold on behalf of the NYCTL Trust. The property is sold free and clear of all monetary liens. Property is sold absolutely As-is. Subject to all HPD, ECB, and Building Department violations. Property is in the HPD – AEP receivership program. It is the responsibility of buyer to remove from program post-closing. This is a rent regulated building sold subject to all tenancies. We do not have a rent roll, expense report, or DHCR report. All offers must be accompanied by Proof of funds. *DO NOT DISTURB TENANTS*, There is no viewing or showings. Any group that violates this rule will be excluded from process.

Location Description

Prime Harlem location. Close to Subway and Bus Transportation.

Highlights

NYC Tax Lien Foreclosure – REO

10 Unit Rent Stabilized Building

IN AEP Program