NEW YORK CITY—Henley USA purchased two properties on East 84th Street, between First and York Avenues to establish a new brand, Henley City Living.

Built in 1910, the six-story apartment buildings, located at 409-413 E. 84th Street, comprise 48 units, totaling 31,152 square feet. The apartment was listed in the New York Times in February 2016, with 409-413 E. 84th Street Realty Corp. as the seller.

The write-up noted all apartments were fully occupied, of which 16 were fair-market and 32 rent-stabilized. The listing price was $30 million. Henley USA purchased the apartments for $21 million.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.