Pabcor Management Acquires Harlem Towers Multifamily Property From Neder Capital Services For $12.18M

The property involved in this transaction is Harlem Towers, a multifamily asset comprising 83 units located at 2300-2310 North Harlem Avenue in Elmwood Park, IL. The sale price for the property was $12,180,000, which equals approximately $146,747 per unit. The asset, built in 1975, will be rebranded as The American Elm following the sale.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $12,180,000
• Units: 83
• Price Per Unit: $146,747
• Buyer: Pabcor Management
• Seller: Maya Stratievsky - Neder Capital Services
• Brokers: Patrick (Pat) Kennelly, Paul Waterloo & Nathan Zito - Interra Realty
• Date of Transaction: 11/14/2025
• Market: Elmwood Park

The deal featured key representatives from Interra Realty, with Patrick Kennelly, Paul Waterloo, and Nathan Zito facilitating the transaction on behalf of both the buyer and seller. This collaboration highlights the integral role these brokers played in aligning the interests of Pabcor Management and Neder Capital Services during this multifamily property sale.