SOLD
Ariel Property Advisors Facilitates $5.25M Sale Of Multifamily Building In East Harlem
88 East 111th Street
MultiFamily
19,884 SF
19,884 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
19,884 sqft
Located at 88 East 111th Street in East Harlem, Manhattan, this multifamily property recently sold for $5,250,000. The building consists of 30 units, with a price per unit of $175,000. The total square footage of the property is 19,884, resulting in a price per square foot of $264.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $5,250,000
- Units: 30
- Price Per Unit: $175,000
- Square Footage: 19,884
- Price Per Square Foot: $264
- Market: East Harlem, Manhattan
The sale of this property was facilitated by Victor Sozio, Mark Anderson, and Michael Tortorici from Ariel Property Advisors. In addition to the building sale, Ariel Property Advisors also arranged the sale of the cell antenna income in the form of a telecommunications easement to another buyer, maximizing the price for the seller.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Victor Sozio, Mark Anderson & Michael Tortorici
DATE: 02/10/2022
ADDRESS: 88 East 111th Street
MARKET: East Harlem, Manhattan
ASSET TYPE: Multifamily
BROKERS: Victor Sozio, Mark Anderson (@Marko__Alpha) & Michael Tortorici - Ariel Property Advisors (@ArielPA.NYC)
SALE PRICE: $5,250,000
UNITS: 30 ~ PPU: $175,000
SF: 19,884 ~ PPSF: $264
NOTE FROM @ArielPA.NYC: In addition to the $5.25M.25 sale of the building, Ariel Property Advisors also facilitated the sale of the cell antenna income in the form of a telecommunications easement to another buyer to maximize price for the seller.View on map
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Address88 East 111th Street
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