Atlas Realty Group Partners Acquires Special Purpose Property In Morris Heights For $25.5M

The special purpose property located at 1851 Phelan Pl in Morris Heights has been sold in a closed transaction. The deal was facilitated by brokers Yosef Katz, Erik Yankelovich, and Shlomo Antebi of Atlas Realty Group Partners LLC. The property spans 22,000 square feet and was sold for a total price of $25,500,000, resulting in a price per square foot of $1,159.

Summary of transaction details

• Property Type: Special Purpose
• Transaction Amount: $25,500,000
• Address: 1851 Phelan Pl
• Market: Morris Heights

The sale of 1851 Phelan Pl was facilitated by Yosef Katz, Erik Yankelovich, and Shlomo Antebi from Atlas Realty Group Partners LLC. Their expertise in the real estate market and their role as representatives in this transaction were invaluable in closing the deal.