Nisthalal Family Acquires Multifamily Property In Harlem For $1.775M

The multifamily property located at 286 W. 137th St. in Harlem has been sold in a transaction. The property consists of 4 units with a total square footage of 4,247. The sale price for the property was $1,775,000, resulting in a price per unit of $443,750 and a price per square foot of $417.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,775,000
• Units: 4
• Price per Unit: $443,750
• Square Footage: 4,247
• Price per Square Foot: $417

The buyer of the property is the Nisthalal Family, while the seller is the Serel Family. The deal was facilitated by Michael Ferrara of Brax Realty, who represented the buyers in the transaction.