Victor Sozio, Shimon Shkury & Remi Mandell Of Ariel Property Advisors Facilitate $45M Multifamily Sale In Harlem

This transaction involves a multifamily asset located at 520 West 145th Street, 528 West 145th Street, 502 West 145th Street & 1704 Amsterdam Avenue within the Harlem market. The property sold for $45,000,000, encompassing a total of 140 units across 142,690 square feet, resulting in a price per unit of $321,428 and a price per square foot of $315.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $45,000,000
• Units: 140
• Square Feet: 142,690
• Price Per Unit: $321,428
• Price Per Square Foot: $315
• Market: Harlem

The deal was facilitated by brokers Victor Sozio, Shimon Shkury, and Remi Mandell from Ariel Property Advisors, representing the interests of the involved parties in this transaction.