Izzy Kirzner Acquires Harlem Multifamily Portfolio For $17.4M

The Vision Builders Portfolio in Harlem has been sold in a recent transaction. The portfolio includes four multifamily buildings located at 224, 228, 240, and 298 West 149th Street. The total square footage of the portfolio is 96,980, with an average price per square foot of $179. The portfolio consists of 107 units, with an average price per unit of $162,616. The transaction price for the portfolio was $17,400,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,400,000
• Square Footage: 96,980
• Price Per Square Foot: $179
• Units: 107
• Price Per Unit: $162,616
• Seller: Edward Poteat
• Buyer: Izzy Kirzner
• Brokers: Joey Koicim, Peter Von Der Ahe, Seth Glasser, Jake Kahn of New York Multifamily

The sale was facilitated by the broker team consisting of Joey Koicim, Peter Von Der Ahe, Seth Glasser, and Jake Kahn of New York Multifamily. They played a vital role in connecting the seller, Edward Poteat, with the buyer, Izzy Kirzner, ensuring a successful transaction for both parties involved.