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Broadway Housing Communities Sells Multifamily Properties In Harlem And Washington Heights For $6.85M

575 West 155th Street & 530 West 178th Street
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This MultiFamily property located in NY was sold for $6,850,000 over 4 years ago. The brokers of the deal were Tyler Signora, Robert (Rob) Shapiro, and Ian Brooks

An occupied SRO building in Harlem and Washington Heights was recently sold for $6,850,000. The property, located at 575 W 155th Street & 530 W 178th Street, has a total square footage of 23,790. The sale price equates to approximately $287 per square foot. Mary Ann Villari of Broadway Housing Communities served as the seller, while Ismene Speliotis of MHANY Management acted as the buyer. The transaction took place on September 6, 2019.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $6,850,000
  • Address: 575 W 155th Street & 530 W 178th Street
  • Market: Harlem and Washington Heights

This sale was facilitated by David Lebenstein, Robert M. Shapiro, Ian Brooks, and Tyler Signora, who represented the seller. Both the buyer and the seller are not-for-profit 501(c)(3) organizations. It is worth noting that the transaction involved the sale of two occupied SRO buildings.

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Deals
  • Location
    575 West 155th Street, Manhattan, New York, NY, USA575 West 155th Street, Manhattan, New York, NY, USA
  • Sale Price
    $6,850,000$6,850,000
    $287 PPSF$287 PPSF
  • Area
    23,790 SF23,790 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Tyler Signora

Tyler Signora

Deals22
Sold$513.4M

Agency

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4190
Volume$167B

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Deal Summary

SALE IMAGE: David Lebenstein, Robert M. Shapiro, Ian Brooks, Tyler Signora DATE: 09/06/2019 ADDRESS: 575 W 155th Street & 530 W 178th Street MARKET: Harlem and Washington Heights ASSET TYPE: Multifamily SELLER: Mary Ann Villari - Broadway Housing Communities BUYER: Ismene Speliotis - MHANY Management SELLER’S REP: David Lebenstein, Robert M. Shapiro, Ian Brooks, Tyler Signora ASKING PRICE: $9,000,000 SALE PRICE: $6,850,000 SF: 23,790 ~ PPSF: $287 NOTE: This was a sale of two occupied SRO buildings. Both buyer and seller are not-for-profit 501(c)(3) organizations

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575 West 155th Street & 530 West 178th Street

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