Abro Management Acquires Retail Property In Inwood, Manhattan From Prana Investments For $3.7M

Abro Management has acquired a retail property located at 220 Nagle Avenue in Inwood, Manhattan. The property was sold by Prana Investments in a closed transaction.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,700,000
• Square Footage: 5,000
• Price per Square Foot: $740
• Buyer: Abro Management
• Seller: Prana Investments
• Brokers: Lazer Sternhell & Peter Vanderpool - Cignature Realty

Cignature Realty, represented by Lazer Sternhell and Peter Vanderpool, facilitated the deal between Abro Management and Prana Investments. Cignature Realty is a leading firm in New York Metro multifamily and apartment building sales, having received the CoStar Top Firms honor four times. For more information about Cignature Realty's sold deals, recent news, market reports, and current listings, visit CignatureRealty.com.