Auction! Acquisition Opportunity in nYC

Posted by Modern Storage Media on Nov 13, 2023 10:50:00 AM

This Article 9 sale provides a unique opportunity to acquire the entities, which own 2 state-of-the-art self-storage facilities in highly desirable NYC locations. They are new facilities with a total of 2,555 units and presently averaging over of 75% occupancy on a sq. ft. basis: 

  • Brooklyn (Avenue M) location built in 2020, with 1,378 units
  • Bronx location (Webster Ave.) built in 2021, with 1,177 units

Access to over 2,430,000 residents within a 3-mile radius of the subject properties

  • Avenue M = ~1,071,000 residents
  • Webster Ave. = ~1,363,000 residents


Additional details available in a virtual data room which accessed via visiting opportunity website –