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Sentinel Real Estate Sells Condo At 92 Pinehurst Avenue To Alma Realty For $11.1M

Property Image
SOLD
$11,100,000

New York

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Condo72,986 SF
Sold 08/30/2023
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Property Image
SOLD

Sentinel Real Estate Sells Condo At 92 Pinehurst Avenue To Alma Realty For $11.1M

92 Pinehurst Avenue

See Similar Deals
Condo72,986 SF
Sold 08/30/2023
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Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$152
Total Square Footage:72,986 SF
Transaction Type:Sale

A 72-unit rental condominium unit at 92 Pinehurst Avenue in Washington Heights, Manhattan, has been sold for a total of $11,100,000. The property, a condo, spans 72,986 square feet and has a price per square foot of $152.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $11,100,000
  • Square Footage: 72,986
  • Price per Square Foot: $152
  • Address: 92 Pinehurst Avenue, Washington Heights, Manhattan

The buyer of the property is Brian Ritter, representing Sentinel Real Estate. The seller is Abraham Philip, representing Alma Realty. This sale is part of a series of transactions between Sentinel Real Estate and Alma Realty, with a total value of $11.1 million. It is the fourth and fifth sale between the two parties this year. The second transaction involved a 43-unit residential elevator building in the same area.

Players

6 deals$76.4M volume
BUYER

Details

SOLD
IMAGE: Brian Ritter DATE: 08/30/2023 ADDRESS: 92 Pinehurst Avenue MARKET: Washington Heights, Manhattan ASSET TYPE: Condo BUYER: Brian Ritter - Sentinel Real Estate SELLER: Abraham Philip - Alma Realty SALE PRICE: $11,100,000 SF: 72,986 ~ PPSF: $152 NOTE: Sentinel Real Estate has sold two rental buildings to Alma Realty for a total of $11.1 million, marking the fourth and fifth sale by Sentinel to Alma Realty this year. One of these sales involved a 72-unit rental condominium unit at 92 Pinehurst Avenue in Washington Heights, Manhattan, which was part of an alleged renovation kickback scheme. The second transaction included a 43-unit residential elevator building in the same area.

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