Vanderpool and Sternhell of Cignature Realty Broker $30 Million Sale; Six-Building Manhattan Portfol
Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings as part of a portfolio containing 102 apartments and 21 retail spaces. The sales price was $30 million. The buildings in the portfolio include: 1697-1707 Amsterdam Ave. in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd. in Harlem and 2090-2092 Amsterdam Ave. in Washington Heights, which is within a few blocks of Columbia Medical Center.“All the properties have tremendous upside in
Cignature Sale
ACUITY CAPITAL PARTNERS Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces. The buildings in the portfolio include: 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights, which is within a few blocks of Columbia Medical Center. “All the properties have tremen
Acuity Capital Partners: Cignature Sale
Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces. The buildings in the portfolio include: 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights, which is within a few blocks of Columbia Medical Center. “All the properties have tremendous upside in the rents
Acuity Capital Partners Buys Six-Building Manhattan Portfolio for $30M
Chicago-based Acuity Capital Partners has purchased a six-building portfolio in Upper Manhattan for $30 million. The portfolio consists of 102 apartment units and 21 retail spaces. The buildings include 1697-1701 Amsterdam Ave. in Hamilton Heights, 2500-2504 Adam Clayton Powell Blvd. in Harlem and 2090-2093 Amsterdam Ave. in Washington Heights. The portfolio sold for 12.88 times its current rent roll. Peter Vanderpool and Lazer Sternhell of Cignature Realty Associates represe
Acuity Capital Buys Six-Building Manhattan Portfolio for $30M
Acuity Capital Partners, a Chicago-based private investment firm, has bought six buildings in Upper Manhattan as part of a portfolio containing 102 apartments and 21 retail spaces, Commercial Observer has learned. The buildings in the portfolio include 1697-1707 Amsterdam Avenue in Hamilton Heights, 2500-2504 Adam Clayton Powell Jr. Blvd. in Harlem and 2090-2092 Amsterdam Avenue in Washington Heights. Altogether, the portfolio contains 85,120 square feet of space. “All the pr
Recent Sale $13.5 Million: 672 Saint Nicholas Avenue
672 Saint Nicholas Avenue 6-story, 48-units Shamah Properties/Peter Vanderpool and Lazer Sternhell, Cignature Realty 672 Saint Nicholas Ave. LP/Peter Vanderpool and Lazer Sternhell, Cignature Realty The property sold for $13.5 million.