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NEW YORK CITY — Cignature Realty has arranged the sale of a multifamily property located at 574 W. 161st St. in Manhattan’s Washington Heights neighborhood. BSF 574 West 161st Street Holding LLC acquired the asset from Hillcrest Acquisitions LLC for $7.2 million, or $286 per square foot. Built in 1910, the five-story, 25,160-square-foot building features 31 apartments. Lazer Sternhell and Peter Vanderpool of Cignature Realty represented the buyer and the seller in the transaction.