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

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SOLD
$8,509,958

New York

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Hotel12,800 SF
Sold 10/25/2022
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SOLD

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

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

See Similar Deals
Hotel12,800 SF
Sold 10/25/2022
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Summary

NEW YORK
Asset Type:Hotel
Price Per Square Foot:$664
Total Square Footage:12,800 SF
Transaction Type:Sale

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.

Players

BUYER

2 deals$68M volume
SELLER

Details

SOLD
IMAGE: William Kohane DATE: 10/25/2022 ADDRESS: 515 West 145th Street MARKET: Harlem, Manhattan ASSET TYPE: Hotel BUYER: AIDS Healthcare Foundation (@AIDSHealthCare) SELLER: Apple Core Holdings - William Kohane SALE PRICE: $8,509,958 BSF: 13,973 ~ PPBSF: $609 SF: 12,800 ~ PPSF: $664

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