419 West 144th Street

IMAGE: Andrew Levine & Josh Lipton
DATE: 11/06/2020
ADDRESS: 419 W. 144th St.
MARKET: Harlem
ASSET TYPE: Multifamily ~ ZONING: R6A

BUYER: Immanuel Gilen
SELLER: Ian MacGregor
BROKERS: Josh Lipton & Andrew Levine @InvictusPropertyAdvisors

PRICE: $2,775,000
BSF: 5,994 ~ PPBSF: $462
SF: 4,595 ~ PPSF: $603


NOTE FROM BROKER: @Invictuspropertyadvisors sold the subject property for a 3.5% cap rate on existing income. The building has been owned and managed by the same family for 40 years. The PPSF was attractive for a 20’ wide townhouse with free market units renting below market in the prized Hamilton Heights Historic District.

Contact us for additional information and our other investment sales listings throughout NYC:

?Josh Lipton

☎️ (212) 596-7579

? Josh.Lipton@Invictusnyc.com

?Andrew Levine

☎️ (212) 596-7570

? Andrew.Levine@invictusnyc.com