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185-187 Claremont Avenue
SOLD

Prana Investments Acquires Multifamily Building In Morningside Heights For $15.8M

185-187 Claremont Avenue

MultiFamily
43,173 SF
clock iconSold 1 year ago
Tyler Signora
Robert (Rob) Shapiro
Eric Roth
+ 2
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Summary

Sale
NEW YORK
MultiFamily
43,173 sqft

The multifamily property located at 185-187 Claremont Avenue in Morningside Heights has been sold for a total price of $15,800,000. This asset spans across 43,173 square feet, resulting in a price per square foot of $365. The property consists of 59 units, offering a significant housing opportunity in the area.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $15,800,000
  • Square Footage: 43,173
  • Price per Square Foot: $365
  • Number of Units: 59
  • Address: 185-187 Claremont Avenue, Morningside Heights

The buyer of this property is Rick Herman, representing Prana Investments. The sale transaction was facilitated by Eric Roth, Robert M. Shapiro, Ian Brooks, and Tyler Signora from Team Shapiro Investment Sales. Their expertise and negotiation skills contributed to the successful completion of the deal.

Please note, this sale marks the final asset transfer for this property, representing a significant milestone for all parties involved.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Tyler Signora's profile picture
Tyler Signora
Cushman & Wakefield-image
Associate
$551.4M Sold
Eric Roth's profile picture
Ian Brooks's profile picture
$216.6M Sold

Details

Deal Summary
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SOLD
IMAGE: IMAGE: Robert M. Shapiro, Eric Roth, Ian Brooks, Tyler Signora DATE: 08/05/2020 ADDRESS: 185-187 Claremont Avenue MARKET: Morningside Heights ASSET TYPE: Multifamily BUYER: Rick Herman – Prana Investments BROKERS: Eric Roth, Robert M. Shapiro, Ian Brooks, Tyler Signora @TeamShapiro_InvestmentSales SALE PRICE: $15,800,000 SF: 43,173 PPSF: $365 UNITS: 59 NOTE: This is the final asset […]

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Address185-187 Claremont Avenue

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