Sumaida & Khurana & Bizzi Partners Acquire Development Site In Washington Heights, Manhattan For $12M

29 Overlook Terrace, New York City, New York 10033, United States

$12,000,000

Building Size

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Asset Type

Development Site

Closing

Jan 27, 2022

AI

A development site located at 29 Overlook Terrace & 524 Ft. Washington Avenue in Washington Heights, Manhattan has been sold for $12,000,000. The property, which is situated in a prime location, was acquired by Sumaida + Khurana & Bizzi Partners from the seller, Amalgamated Bank.

Summary of Transaction Details:

Property Type: Development Site
Transaction Amount: $12,000,000
Market: Washington Heights, Manhattan
Buyer: Sumaida + Khurana & Bizzi Partners
Seller: Amalgamated Bank

The deal was facilitated by the brokers Victor Sozio, Shimon Shkury, and James Nestor from Ariel Property Advisors. Their expertise and negotiation skills played a crucial role in successfully closing the transaction.

Players