SOLD
Rick Herman's Prana Investments Acquires Inwood Multifamily For $8.75M
517 West 212th Street
MultiFamily
349,000 SF
349,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
349,000 sqft
The multifamily property located at 517 West 212th Street in Inwood has been successfully sold in a closed transaction. The property spans a total of 34,900 square feet and was listed with an asking price of $10,495,000. The final sale price was reported at $8,750,000, resulting in a price per square foot of $250.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,750,000
- Address: 517 West 212th Street
- Market: Inwood
The sellers of the property were Frank & Peter Pecora of Teams Management, while the buyer was Rick Herman of Prana Investments. The transaction was facilitated by Marco Lala, Jack Lala, David Raciti, and Michelle Lala from an undisclosed agency.
Players
All
7
Agents
5
Agencies
2
Details
SOLD
IMAGE: Marco Lala, Jack Lala, David Raciti, Michelle Lala
DATE: 05/30/2019
ADDRESS: 517 West 212th Street
MARKET: Inwood
ASSET TYPE: Multifamily
ASKING PRICE: $10,495,000
SALE PRICE: $8,750,000
SF: 34,900
PPSF: $250
SELLER: Frank & Peter Pecora – Teams Management
BUYER: Rick Herman – Prana Investments
BROKERS: Marco Lala, Jack Lala, David Raciti, Michelle Lala – […]View on map
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Address517 West 212th Street
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