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Wavecrest gets assignments.

Wavecrest Realty Associates, Inc. and the Wavecrest Management Team Ltd. announced that Wavecrest has been appointed exclusive managing agent of the following properties: * On Columbus Avenue, three five-story walk-ups consisting of 48 apartments and 12 stores, carrying a rent roll of approximately $1.73 million per annum * On West 105th Street, a 15-unit, six-story elevator apartment house carrying an annual rent roll of approximately $95,000 On Parson's Blvd. in Queens, a newly renovated one-story taxpayer containing a Dunkin Donuts. The property contains an annual rent roll of approximately $180,000 per annum * On Broadway in The Bronx, a six-story elevator building, containing approximately 88 apartments and three stores carrying an annual rent roll of approximately 525,000 On 44th Drive in Long Island City, a five-story walk-up apartment house containing 15 apartments, carrying an annual rent roll of approximately $100,000

All of the above appointments were made on behalf of various financial institutions. Wavecrest is also involved in the offering of some of these properties for sale.
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Title Annotation:Wavecrest Realty Associates Inc. and Wavecrest Management Team Ltd. to be exclusive managing agent of New York, New York properties
Publication:Real Estate Weekly
Date:Nov 4, 1992
Words:169
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