ABS PARTNERS PURCHASED THREE NYC PARKING GARAGES FOR $10.5 MILLION

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NEW YORK CITY — ABS Partners has purchased three New York City parking garages for $10.5 million. The freestanding properties include a 78-space garage located at 550 W. 174th St., a 171-space garage located at 528 W. 162nd St. and a 176-space garage located at 284 Audubon Ave. The first two garages are situated near Columbia Presbyterian Hospital and the last garage is situated near Yeshiva University. Steve Hornstock, Gregg Schenker and Earle Altman provided in-house representation for ABS. The undisclosed seller was represented by Howard Greenberg of Ace Capital Ventures and Anne DeMarzo of DeMarzo Realty Co.

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