AIDS Healthcare Foundation Acquires Hotel In Harlem, Manhattan For $8.5M

A hotel located at 515 West 145th Street in Harlem, Manhattan has been sold in a closed transaction. The property, with a total square footage of 12,800, was purchased by AIDS Healthcare Foundation from Apple Core Holdings - William Kohane. The sale price for the hotel was $8,509,958, which translates to a price per square foot of $664. The building's square footage rate is $609 per square foot.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $8,509,958
• Address: 515 West 145th Street, Harlem, Manhattan
• Buyer: AIDS Healthcare Foundation
• Seller: Apple Core Holdings - William Kohane
• SF: 12,800
• PPSF: $664
• BSF: 13,973
• PPBSF: $609

The deal was finalized on October 25, 2022, and marked the transfer of ownership of the hotel property from Apple Core Holdings - William Kohane to AIDS Healthcare Foundation. William Kohane represented Apple Core Holdings as the seller's representative in the transaction.