Urban American Acquires Apartment Building In Hamilton Heights For $7.2M

An apartment building located at 523 West 135th Street in the Hamilton Heights neighborhood of Manhattan, New York, has been sold for $7,200,000. The property spans 13,714 square feet and is priced at $525 per square foot, with a unit price of $343,000. The transaction involved the seller, Laurence Beame, and the buyer, Urban American.

Summary of transaction details

• Property Type: Apartment building
• Transaction Amount: $7,200,000
• Size: 13,714 square feet
• Price per square foot: $525
• Unit price: $343,000
• Address: 523 West 135th Street, New York
• Market: Hamilton Heights, Manhattan

The deal was facilitated by brokers Victor Sozio and Orry Michael, representing Laurence Beame and Urban American, respectively.