Monadnock Development Acquires Central Harlem Multifamily For $17.5M | 111 & 148 West 141st Street | Allan Fries, Sam Schertz, James Nelson | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

36,935 sqft

A multifamily property located at 111 & 148 W 141st Street in Central Harlem has been sold for $17,465,000. The property consists of 89 units and spans a total of 36,935 square feet. The sale price per square foot is $473. The transaction took place on December 19, 2019.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $17,465,000
Address: 111 & 148 W 141st Street
Market: Central Harlem
Number of Units: 89

Aulder Capital, represented by Michael Zito, served as the seller in this transaction. The buyer was Monadnock Development, represented by Amy Stokes and Pierre Downing. Avison Young, with Sam Schertz, James Nelson, and Allan Fries as brokers, facilitated the deal.

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Players

All
5

Agents
3
Agencies
2

Allan Fries

Broker

$17.5M Sold

Sam Schertz

Licensed Real Estate Salesperson

$65.3M Sold

James Nelson

Principal and Head

$1.5B Sold

Details

Deal Summary

SOLD

IMAGE: Allan Fries, Amy Stokes, James Nelson, Pierre Downing & Sam Schertz DATE: 12/19/2019 ADDRESS: 111 & 148 W 141st Street MARKET: Central Harlem ASSET TYPE: Multifamily SELLER: Aulder Capital – Michael Zito BUYER: Monadnock Development – Amy Stokes, Pierre Downing BROKERS: Avison Young – Sam Schertz, James Nelson, Allan Fries PRICE: $17,465,000 SF: 36,935 ~ PPSF: $473 UNITS: 89

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Address111 & 148 West 141st Street

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