Cushman & Wakefield Brokers $2.5M Sale of Apartment Building in Manhattan

NEW YORK CITY — Cushman & Wakefield has arranged the sale of a five-story walk-up building at 759 Saint Nicholas Ave. in Manhattan’s Sugar Hill neighborhood. The asset sold for $2.5 million, or $384 per square foot, in an all-cash transaction. The 6,540-square-foot property features nine residential units divided into one studio and eight one-bedroom apartments. Additionally, the building features a renovated ground-floor lobby and upgraded roofing, gas boilers and meters. Josh Lipton of Cushman & Wakefield handled the transaction. The names of the seller and buyer were not released.