Mount Pleasant Apartment Building Trades in $6.7M Deal
A 20-unit building at 35 East 16th Avenue in Mount Pleasant has traded in a $6,750,000 deal. Sale details include:
- $336,250 per unit
- 3.3% cap rate
The 2026 assessment value of the property is $6,172,000, down from a peak in 2023 of $7.3 Million.
