Coney Realty Acquires Upper Manhattan Multifamily Portfolio for $47M – Commercial Observer
Barberry Rose Management’s Lewis Barbanel sold 16 rent-stabilized buildings in Inwood, Washington Heights and Harlem.
Source: commercialobserver.com
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Rent-Stabilized Inwood Portfolio Sells At 44% Discount
A 16-building multifamily portfolio in Manhattan’s northernmost neighborhood has sold for $47M, almost half the price it last changed hands for in 2016.
Source: bisnow.com
Cignature Realty Closes $6.1 Million Hamilton Heights Deal
Cignature Realty finalized the sale of a 7-story multifamily elevator building for $6,100,000. The property, 512 West 151st Street, has a total of 29 residential units and is located between Broadway and Amsterdam Avenue in Hamilton Heights. The 31,500 square foot building sold for approximately $194 per square foot. Cignature...
Source: rew-online.com