Reverie Estates plans Irvington apartment project

March 14, 2013
Back to TopCommentsE-mailPrintBookmark and Share

Butler Apartments IrvingtonLocally based Reverie Estates has purchased the 53-unit Butler Apartments along Washington Street in Irvington and plans an extensive renovation including restoration of a clay tile roofline feature a prior owner removed. Some of the updated studio and one-bedroom apartments should be available by the summer and will rent starting at $400 for studios and $600 for one-bedrooms, said Christopher Piazza, Reverie's president. The company plans to restore original hardwoods, wood windows, soaking tubs and doors in the units, while installing new fixtures in the kitchens and bathrooms including stainless appliances, subway tile backsplashes and hex tile floors. Piazza did not disclose a purchase price for the property at 5230 E. Washington St. Common area features will include bike parking, a gated courtyard with community garden and parking with electric vehicle plugins. The apartments, built in 1927, have an assessed value of $652,000. Property records show the prior owner was a Carmel investor. Reverie owns three apartment buildings in Irvington including Audubon Court and The Reese, and also owns a handful of downtown buildings including Penn Arts at 111 E. 16th St., Piccadilly Apartments at 28 E. 16th St. and the Indy Indie Artist Colony at 26 E. 14th St.

Photo: Bass Photo Archive, Courtesy of Reverie Estates

ADVERTISEMENT
  • Thanks Chris!
    Thanks Chris, Rebuiling/Restoring Irvington one apartment building at a time. This company does great work in restoring/rehabbing these apartment building and as a resident of Irvington I appreciate everything you do.
  • Awesome
    Many congrats to Chris and his team at Reverie Estates!!!!!
  • Congrats!
    Big Congrats to Chris, Ron and the gang at Reverie!

Post a comment to this blog

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
ADVERTISEMENT