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Eli Stoll Of Three Pillars Acquires Mixed-Use Development In Washington Heights For $15.3M

Property Image
SOLD
$15,275,000

New York

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Mixed-use219,056 SF
Sold 09/04/2025
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Property Image
SOLD

Eli Stoll Of Three Pillars Acquires Mixed-Use Development In Washington Heights For $15.3M

4452 Broadway & 44 Fairview Avenue

See Similar Deals
Mixed-use219,056 SF
Sold 09/04/2025
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$69
Total Square Footage:219,056 SF
Transaction Type:Sale

A mixed-use asset located at 4452 Broadway and 44 Fairview Avenue in the Washington Heights area of Manhattan was sold for $15,275,000. The property spans a total square footage of 109,528 and has a price per square foot of $139.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,275,000
  • Buyer: Eli Stoll - Three Pillars
  • Seller: Josh Zegen - Madison Realty Capital
  • Transaction Date: 09/04/2025
  • Market: Washington Heights, Manhattan

This transaction involved Eli Stoll representing Three Pillars, which acquired a stalled 129-unit development and adjacent site. The sale followed Madison Realty Capital's takeover of the property from HAP Investments after an event of bankruptcy.

Players

TG
Three Pillars Capital Group
BUYER
Josh Zegen
Madison Realty Capital
Josh Zegen
45 deals$5.9B volume
SELLER
Madison Realty Capital
Madison Realty Capital
SELLER

Details

SOLD
IMAGE: Josh Zegen DATE: 09/04/2025 ADDRESS: 4452 Broadway & 44 Fairview Avenue MARKET: Washington Heights, Manhattan ASSET TYPE: Mixed-use BUYER: Eli Stoll - Three Pillars SELLER: Josh Zegen - Madison Realty Capital (@MadisonRealtyCapital) SALE PRICE: $15,275,000 SF: 109,528 ~ PPSF: $139 NOTE: Three Pillars bought a stalled 129-unit development and adjacent site at 4452 Broadway and 44 Fairview Ave. in Washington Heights from Madison Realty Capital for $15.3M, or $139 per square foot. The Sept. 4 deal follows Madison’s takeover of the property from HAP Investments after bankruptcy.

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