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AIDS Healthcare Foundation Acquires Harlem Hotel For $8.5M

Property Image
SOLD
$8,509,958

New York

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Hotel12,880 SF
Sold 10/25/2022
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Property Image
SOLD

AIDS Healthcare Foundation Acquires Harlem Hotel For $8.5M

511 West 145th Street, New York City, New York 10031, United States

See Similar Deals
Hotel12,880 SF
Sold 10/25/2022
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Hotel
Price Per Square Foot:$660
Total Square Footage:12,880 SF
Transaction Type:Sale

The AIDS Healthcare Foundation has purchased a hotel property located at 511 West 145th Street in Harlem, Manhattan. The seller of the property was Hamilton Heights Enterprise, LLC, represented by Paul Baxter Lanius III. The transaction was facilitated by Pier Robinson of Oxford Property Group. The sale took place on October 25, 2022, for a total price of $8,509,958.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $8,509,958
  • Address: 511 West 145th Street, Harlem, Manhattan
  • Market: Harlem, Manhattan
  • Buyer: AIDS Healthcare Foundation
  • Seller: Hamilton Heights Enterprise, LLC - Paul Baxter Lanius III
  • Broker: Pier Robinson - Oxford Property Group

The hotel property has a total square footage of 12,880, with a price per square foot of $660. The building itself has a total building square footage of 13,990, with a price per building square foot of $608.

Players

Oxford Property Group
Oxford Property Group
BROKERAGE
AF
AIDS Healthcare Foundation
BUYER

Details

SOLD
IMAGE: 10/25/2022 ADDRESS: 511 West 145th Street MARKET: Harlem, Manhattan ASSET TYPE: Hotel BUYER: AIDS Healthcare Foundation (@AIDSHealthCare) SELLER: Hamilton Heights Enterprise, LLC - Paul Baxter Lanius III BROKER: Pier Robinson - Oxford Property Group SALE PRICE: $8,509,958 BSF: 13,990 ~ PPBSF: $608 SF: 12,880 ~ PPSF: $660

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