ELH Management Acquires West Bridge Associates Portfolio In Harlem For $16.85M

The West Bridge Associates Portfolio, a multifamily property located in Harlem, New York, has been sold for a total price of $16,850,000. The portfolio consists of six properties: 508, 520, 535, and 566 West 151st Street, as well as 510 and 519 West 152nd Street. With a total square footage of 96,309, the price per square foot for this transaction is $175. The multifamily asset comprises 107 units, making it an attractive investment opportunity in the Harlem market.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $16,850,000
• Address: 508, 520, 535, 566 West 151st & 510, 519 West 152nd, Harlem, New York
• Market: Harlem
• Seller: West Realty Group - Allan Heussinger
• Buyer: ELH Management - Larry Hirschfield
• Brokers: Peter Von Der Ahe, Seth Glasser, Joe Koicim, and Jacob Kahn @JTKAHN12
• Square Footage: 96,309
• Price per Square Foot: $175
• Number of Units: 107

The sale of the West Bridge Associates Portfolio was facilitated by brokers Peter Von Der Ahe, Seth Glasser, Joe Koicim, and Jacob Kahn @JTKAHN12. Allan Heussinger, representing West Realty Group, acted as the seller, while Larry Hirschfield of ELH Management was the buyer. This transaction exemplifies the strong investment potential of the multifamily market in Harlem.