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Artifact Acquires Multifamily Building In Harlem For $13.6M

Property Image
SOLD
$13,550,000

New York

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MultiFamily17,981 SF
Sold 05/18/2023
the dealdetailscomps
Property Image
SOLD

Artifact Acquires Multifamily Building In Harlem For $13.6M

492 St Nicholas Ave New York, Ny 10030, Usa

See Similar Deals
MultiFamily17,981 SF
Sold 05/18/2023
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$753
Total Square Footage:17,981 SF
Transaction Type:Sale

Artifact, a property buyer, has acquired a residential elevator building located at 492 St Nicholas Avenue in Harlem, Manhattan. The property was purchased for $13.6 million from Rafael Santandreu's BOC St. Nicholas LLC. The building spans a total area of 17,981 square feet, resulting in a price per square foot of $754.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $13,550,000
  • Address: 492 Saint Nicholas Avenue
  • Market: Harlem, Manhattan

Artifact's acquisition of the elevator building from Rafael Santandreu's BOC St. Nicholas LLC marks a significant deal in the Harlem, Manhattan market. This transaction highlights the strategic investment made by the buyer in the multifamily property sector. With this purchase, Artifact expands its real estate portfolio in the vibrant neighborhood of Harlem.

Players

A
Artifact
BUYER

Details

SOLD
IMAGE: 05/18/2023 ADDRESS: 492 Saint Nicholas Avenue MARKET: Harlem, Manhattan ASSET TYPE: Multifamily BUYER: Artifact SELLER: Rafael Santandreu SALE PRICE: $13,550,000 SF: 17,981 ~ PPSF: $754 NOTE: Artifact has purchased a residential elevator building at 492 St Nicholas Avenue in Harlem, Manhattan, for $13.6 million from Rafael Santandreu's BOC St. Nicholas LLC.

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