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 ?
Barry Swartz arranged for permanent financing in the amount of $3,900,000 for a 4 story apartment building with 3 units and 1 store on Bleecker Street in Manhattan.
The number of undesirable tenants in rent-controlled apartment buildings will continue to increase and surrounding communities will continue to decline.
has recently completed more than $5 million apartment building sales in Chicago and surrounding suburbs.
5,625,000 combined financing for a four-story apartment building containing 5 units and 2,200 square feet of commercial space and a five-story apartment building containing 30 units, located on the Upper East Side and Midtown Center neighborhoods of New York.
Hill told the commission the apartment buildings, which were donated to the church, were only being stored temporarily on a vacant lot at 120 W.
1,100,000 for a five-story walk-up apartment building containing 20 units, located on East 74th Street in Manhattan, New York.
2,400,000 for a five-story walk-up apartment building containing 22 units and 4 stores, located on Belmont Avenue in the Bronx, New York.
A $2,900,000 permanent financing was negotiated by Barry Swartz for a five-story walk up apartment building on Tenth Avenue in New York City.
Path 1 sees a trend for hotels and multi-tenant apartment buildings to earn additional revenues by supplying Internet access to their tenants.
5,200,000 for a six-story walk-up apartment building containing 26 units with 5 commercial units, located on Broadway in Manhattan, New York.
A new mortgage for $8,000,000 on two 6-story elevator apartment buildings containing a total of 128 units.
In contrast, Manhattan walk-ups and elevator apartment buildings experienced little turnover, with 1.

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