JTS Capital Group Acquires Multifamily Property In Harlem, Manhattan From Investors Bank For $7.9M

The multifamily property located at 605 West 137th Street in Harlem, Manhattan has been sold for a total of $7,930,000. The property consists of 36 units, with an average price per unit of $220,277. The total square footage of the property is 38,750, resulting in a price per square foot of $204.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,930,000
• Address: 605 West 137th Street, Harlem, Manhattan
• Units: 36
• Price per Unit: $220,277
• Square Footage: 38,750
• Price per Square Foot: $204

The buyer in this transaction is JTS Capital Group, while Investors Bank is the seller. The deal was closed on September 13, 2022.