Isaac Kassirer, Steven Vegh And Irving Langer Acquire Mixed-Use Portfolio In Harlem For $85 Million

Isaac Kassirer, Steven Vegh and Irving Langer have closed a transaction in Harlem, New York. The properties involved in the deal are located at 2247 and 2484 Seventh Avenue, 204 and 306 West 133rd Street, and 2247-2253, 2300-2310, 2252-2258 Adam Clayton Powell Boulevard. These mixed-use assets have a total square footage of 215,000 sf. The price for the transaction was $85,000,000, which translates to a price per square foot of $395.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $85,000,000
• Address: 2247 and 2484 Seventh Avenue, 204 and 306 West 133rd Street, and 2247-2253, 2300-2310, 2252-2258 Adam Clayton Powell Boulevard, New York
• Market: Harlem
• Total Square Footage: 215,000 sf
• Price per Square Foot: $395

The transaction included 224 rentals and 30 retail units, with a price per unit of $380,000. The sellers in this deal were E&M Associates.