Denali Management Acquires Multifamily Property In Harlem For $21.2M

An multifamily property located at 17 West 125th Street in Harlem has been sold for $21,200,000. The transaction took place on July 29, 2022. The property consists of 49 units with an average price per unit of $432,653. The total square footage is approximately 46,200, resulting in a price per square foot of $459.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $21,200,000
• Units: 49
• Price per Unit: $432,653
• Square Footage: 46,200
• Price per Square Foot: $459

Denali Management acted as the buyer in this transaction, while Thor Equities served as the seller. Joseph Sitt was involved in the sale as a representative. Additional details about the deal or individuals were not provided.