Location: New York, New York
This is a 65-residence, multi-family building with three retail spaces located in the Fort George section of Manhattan. Developments purchased the non-performing note in 2010. The property was sold at auction one year later resulting in a 48% return on investment.
Locals can enjoy Fort Tryon Park and Harlem River Park which provide plenty of lush green space and abundant opportunities for outdoor recreation in addition to the nearby Fort Washington Park and Highbridge Park.