SOLD
RJBlock Properties Acquires Multifamily Portfolio In Harlem For $32M
2470 8th Avenue, 271 West 144th Street & 1941 Adam C Powell Boulevard
MultiFamily
201,764 SF
201,764 SF
Summary
Sale
NEW YORK
MultiFamily
201,764 sqft
The multifamily property located at 2470 8th Avenue, 271 West 144th Street, and 1941 Adam C Powell Boulevard in Harlem has been sold. The sale was finalized on 09/06/2022 for a total price of $32,000,000. The property consists of 213 units, with an average price per unit of $150,234. The total square footage of the property is 201,764, resulting in a price per square foot of $158.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $32,000,000
- Units: 213
- Price Per Unit: $150,234
- Square Footage: 201,764
- Price Per Square Foot: $158
The buyer of the property is RJBlock Properties, represented by RJ Block. The seller is KLM Equities, with Elias Kefalidis and Zac Kleinhandler as the sellers. The seller's representatives in this deal are Brett Siegel and Evan Layne, who work for Newmark.
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Details
SOLD
IMAGE: Brett Siegel, Evan Layne, Elias Kefalidis & Zac Kleinhandler
DATE: 09/06/2022
ADDRESS: 2470 8th Avenue, 271 West 144th Street & 1941 Adam C Powell Boulevard
MARKET: Harlem
ASSET TYPE: Multifamily
BUYER: RJBlock Properties - RJ Block (RJBlock_Properties_)
SELLER: KLM Equities - Elias Kefalidis (@EliasKef) & Zac Kleinhandler
SELLER’S REP: Brett Siegel (@BSieges) & Evan Layne (@EvanLayne) - Newmark (@Newmark)
SALE PRICE: $32,000,000
UNITS: 213 ~ PPU: $150,234
SF: 201,764 ~ PPSF: $158View on map
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Address2470 8th Avenue, 271 West 144th Street & 1941 Adam C Powell Boulevard
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