The Harkham Family Acquires Multifamily Building In Washington Heights For $26.75M

Located in Washington Heights, Manhattan, the multifamily property at 555 Edgecombe Ave. has recently been sold for a total of $26,750,000. The property consists of 128 units, with an average price per unit of $208,984. The total square footage of the property is 168,000, resulting in a price per square foot of $159.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,750,000
• Address: 555 Edgecombe Ave.
• Market: Washington Heights, Manhattan

The buyer of the property is The Harkham Family. The sale was facilitated by the brokers Seth Glasser, Joe Koicim, and Jake Kahn of Marcus & Millichap.