Apartment Building

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Apartment Building

A structure with several apartments in it. The apartments share a hallway or exterior walkway, though they are not otherwise connected to each other. Investors may purchase an apartment building to collect the rental income from tenants.

apartment (building)

A building with multiple residential tenants.
References in periodicals archive ?
2,300,000 for a five-story apartment building containing 11 apartments, located on East 83rd Street in Manhattan, New York.
2,300,000 for a five-story elevator apartment building containing 21 units and 2 offices, located on East 81st Street in Manhattan, New York.
5,550,000 for three five-story elevator apartment buildings containing 81 units, located on Beck Street in the Bronx, New York.
And 16-20 Marble Hill Avenue, a six-story walkup apartment building with 42 apartments, built 78' x 88' with 34,830 s/f gross.
Barry Swartz arranged a $10,000,000 permanent mortgage for a seven-story elevator apartment building in the Bowery.
A new mortgage for $6,110,000 on a 40-unit, 6-story elevator apartment building on East End Avenue in New York, NY.
3,000,000 for a five-story walk-up apartment building containing 52 units, located on East 196th Street in the Bronx, New York.
A new mortgage for $2,340,000 on a two story apartment building with 6 units and 3 stores on Coney Island Avenue in Brooklyn, NY.

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