HUBB NYC Acquires Multifamily In Harlem, Manhattan For $18.8M

A multifamily property located at 2130 Adam Clayton Powell Junior Boulevard in Harlem, Manhattan has been sold for a price of $18,800,000. This property consists of 48 units, with an average price per unit of $391,667. The total square footage of the property is 72,324, resulting in a price per square foot of $260.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $18,800,000
• Address: 2130 Adam Clayton Powell Junior Boulevard, Harlem, Manhattan
• Market: Harlem, Manhattan
• Units: 48
• Price per Unit: $391,667
• Square Footage: 72,324
• Price per Square Foot: $260

The buyer in this transaction is HUBB NYC, represented by Jesse Terry. The brokerage team involved in the deal includes Joe Koicim, Seth Glasser, Michael Fusco, Shaun Riney, and Benny Katz from Marcus & Millichap.