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Ravi Annam Acquires Multifamily Property In Harlem For $7M

Property Image
SOLD
$7,000,000

New York

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MultiFamily16,655 SF
Sold 04/10/2019
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Property Image
SOLD

Ravi Annam Acquires Multifamily Property In Harlem For $7M

1728 Amsterdam Avenue

See Similar Deals
MultiFamily16,655 SF
Sold 04/10/2019
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$420
Total Square Footage:16,655 SF
Transaction Type:Sale

Located in the Harlem market, the multifamily property at 1728-1730 Amsterdam Ave has recently been sold. The transaction took place on 04/10/2019 for a sale price of $7 million. The property spans 16,655 square feet, resulting in a price per square foot of $420. The asset consists of two contiguous buildings, encompassing 17 residential units and 3 retail spaces.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7M
  • Date: 04/10/2019
  • Address: 1728-1730 Amsterdam Ave
  • Market: Harlem
  • Size: 16,655 sq ft
  • Price per Square Foot: $420

Galil Management acted as the seller in this transaction, while Ravi Annam emerged as the buyer. The deal was facilitated by Steven Vegh, representing both parties as the broker.

Players

Steven Vegh
68 deals$2.5B volume(917) 715-8259
BROKER

Steven Vegh
Westwood Realty Associates
68 deals$2.5B volume(917) 715-8259
BROKER

SELLER

Details

SOLD
IMAGE: Steven Vegh DATE: 04/10/2019 ADDRESS: 1728-1730 Amsterdam Ave MARKET: Harlem ASSET TYPE: Multifamily SALE PRICE: $7M SF: 16,655 PPSF: $420 SELLER: Galil Management BUYER: Ravi Annam BROKERS: Steven Vegh NOTE: 2 contiguous building consisting of 17 residential units & 3 retail spaces

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