NEW YORK CITY — Ariel Property Advisors has brokered the sale of a three-building multifamily portfolio in New York City’s Washington Heights neighborhood. The 60-unit portfolio, which totals 45,543 square feet, sold for $10 million. The property at 432-434 West 163rd St. is a six-story walk-up with 30 two-bedroom residential units. The two contiguous buildings at 612-618 West 182nd St. also offer 30 residential units with two one-bedroom units, three two-bedroom units, 15 three-bedroom units and 11 four-bedroom units. Each property also features a super’s unit in the basement. Victor Sozio, Shimon Shkury, Michael Tortorici, Josh Berkowitz and Marko Agbaba represented the seller and procured the buyer, both private investment firms, in the transaction.
The 30-unit 432-434 West 163rd Street multifamily building was sold as part of a three-building multifamily portfolio for $10 million in Washington Heights.
Ariel Properties Brokers $10M Sale of Washington Heights Multifamily Portfolio
137