John Sismanoglou Acquires Multifamily Portfolio In Central Harlem For $12.64M

The multifamily property located at 2394 7th Avenue, 224 West 140th Street, 226 West 140th Street, and 228 West 140th Street in Central Harlem was recently sold as a cluster by FS 140th LLC. The sale price for this property was $12,640,000. The transaction involved a total of 113 units, with a price per unit of $111,858. The total square footage of the property is 109,157, with a price per square foot of $116.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,640,000
• Units: 113
• Price Per Unit: $111,858
• Total Square Footage: 109,157
• Price Per Square Foot: $116
• Address: 2394 7th Avenue, 224 West 140th Street, 226 West 140th Street, and 228 West 140th Street
• Market: Central Harlem

The sale of this property was facilitated by brokers Michael Fusco, Benny Katz, and Seth Glasser from Marcus & Millichap. John Sismanoglou represented the buyer, while Kenneth Morrison was the seller involved in this transaction.