Wexcor Capital Acquires Multifamily Property In Washington Heights, Manhattan For $5.8M

A multifamily asset located at 565-567 & 571-573 West 175th Street in Washington Heights, Manhattan has been sold for a total price of $5,800,000. The property consists of 61 units, with an average price per unit of $95,082. The total square footage of the property is 48,288, resulting in a price per square foot of $120.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,800,000
• Units: 61
• Price per Unit: $95,082
• Square Footage: 48,288
• Price per Square Foot: $120
• Address: 565-567 & 571-573 West 175th Street
• Market: Washington Heights, Manhattan

Wexcor Capital has acquired the property from Barberry Rose Management. The deal was facilitated by Aaron Jungreis, Ben Khakshoor, and Alex Fuchs of Rosewood Realty Group, who represented the buyer and seller in the transaction.