Besen Partners Represents Seller In $1.09M Hamilton Heights Multifamily Sale

The multifamily property located at 413 West 145th Street in Hamilton Heights was recently sold for a price of $1,090,000. The property consists of 3 units, with an average price per unit of $363,333. The total square footage of the property is 3,876, resulting in a price per square foot of $281. The sale was facilitated by Ron Cohen from Besen Partners on behalf of the seller, Eric Moran.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,090,000
• Units: 3
• Price per Unit: $363,333
• Square Footage: 3,876
• Price per Square Foot: $281
• Seller: Eric Moran
• Broker: Ron Cohen - Besen Partners

It is worth mentioning that the subject property was previously an SRO building in need of a gut renovation. However, it was delivered vacant with a Certificate of Non Harassment. The property's mixed zoning allows for the possibility of retail or commercial use on the ground floor. Additionally, the property benefits from light and air on three sides.