182-184 Stanton Street
Update
12/23/21
Lower East Side Residential Building Snagged for $21.25M
A 6-story residential building, located at 182-184 Stanton Street on Manhattan's Lower East Side, has been scooped up for $21.25 million. The property was purchased by TARGO Capital Partners from Centennial Properties NY. It contains 18 free-market apartments and totals 24,296 square feet. TARGO acquired the building at a 4.6% cap rate and all of the units are currently leased out. This purchase marks the company's third Downtown Manhattan acquisition within the past 8 months.
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