A&E Acquires Multifamily Property In Washington Heights For $13.1M

Located in Washington Heights, the multifamily property at 81 Wadsworth Ave has recently been sold in a closed transaction. The property spans across a total square footage of 41,305 and consists of 50 units. The sale price for this transaction was set at $13,135,000, resulting in a price per square foot of $318. The buyer, Douglas Eisenberg of A&E, acquired the property from the seller, Morris Weinberg. The deal was facilitated by brokers Peter Von Der Ahe, Seth Glasser, and Jake Kahn.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,135,000
• Address: 81 Wadsworth Ave, Washington Heights
• Market: Washington Heights
• Square Footage: 41,305
• Price Per Square Foot: $318
• Units: 50
• Buyer: Douglas Eisenberg - A&E
• Seller: Morris Weinberg
• Brokers: Peter Von Der Ahe, Seth Glasser, Jake Kahn

The successful transaction attracted attention from industry experts Peter Von Der Ahe, Doug Eisenberg, and Seth Glasser, who were involved in the deal. Their expertise and guidance played a key role in facilitating the sale of this multifamily property.