Northgate Real Estate Group Sells Multifamily Asset In Harlem For $1,150,000

The asset involved in this transaction is a multifamily property located at 2291 Adam Clayton Powell Junior Boulevard in Harlem, Manhattan. The transaction concluded at a sale price of $1,150,000 for a total square footage of 2,827, resulting in a price per square foot of $406.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Address: 2291 Adam Clayton Powell Junior Boulevard
• Market: Harlem, Manhattan
• Square Footage: 2,827
• Price Per Square Foot: $406
• Brokers: Greg Corbin & Joshua Hackel - Northgate Real Estate Group

Greg Corbin and Joshua Hackel from Northgate Real Estate Group represented the transaction. The firm has transacted over $4.3 billion in real estate, specializing in distressed investment sales and workouts. They focus on various areas including bankruptcies, foreclosures, UCC sales, restructuring, loan sales, and borrower/lender workouts.