Ariel Property Advisors Facilitates $16.2M Multifamily Sale In Manhattan Valley

A multifamily property located at 992-1000 Amsterdam Avenue in Manhattan Valley has been sold for a total of $16,200,000. The property consists of 59 units, resulting in a price per unit of $274,576. The total square footage of the property is 45,576, with a price per square foot of $355.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,200,000
• Units: 59
• Price per Unit: $274,576
• Square Footage: 45,576
• Price per Square Foot: $355
• Address: 992-1000 Amsterdam Avenue
• Market: Manhattan Valley

Ariel Property Advisors represented the seller during this transaction. The brokers involved in the deal were Victor Sozio, Shimon Shkury, Howard Raber, and Evan Hirsch.