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Acquisitions

Julian Witing acquires 240-242 West 10th Street

Mautner-Glick is the seller

240-242 West 10th Street (Credit: WikiMapia)

Julian Witing has acquired 240-242 West 10th Street in the West Village from Mautner-Glick for $19 million, according to the CO.

Property Details: The two side-by-side rental buildings span a total of 21,450 square feet, and are both overbuilt (i.e. no air rights)

Be Smart: The mixed-use property contains 44 apartments (28 are regulated), plus four ground-floor retail units. New ownership plans on renovating the vacant units. Mautner-Glick will continue to manage the properties and over time, “we will correct deferred maintenance and to create a clean and comfortable environment for the tenants.”

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