Alma Realty has acquired a multifamily property located at 353 Fort Washington Avenue in Washington Heights. The transaction, which took place on December 22, 2021, involved the sale of the property by The Estate of Joe Lewner. The deal was facilitated by brokers Robert (Bob) Knakal, Clint Olsen, Hall Oster, Jonathan (Jon) Hageman, and Teddy Galligan of JLL. The property consists of 36 units with a total square footage of 54,804. The sale price for the property was $6,550,000, resulting in a price per unit of $181,944 and a price per square foot of $119.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $6,550,000
• Address: 353 Fort Washington Avenue
• Market: Washington Heights

The buyer, Alma Realty, was represented by Steve Valiotis in the transaction. The seller, The Estate of Joe Lewner, entrusted the sale to the brokers at JLL, including Robert (Bob) Knakal, Clint Olsen, Hall Oster, Jonathan (Jon) Hageman, and Teddy Galligan. This successful transaction highlights the expertise and negotiation skills of all parties involved.