New York, NY According to Cignature Realty Associates, the firm closed three deals totaling $109.6 million. In the first sale, a private investor bought a mixed-use building at 1616 Amsterdam Ave. in Hamilton Heights for $23 million from Sugar Hill Capital Partners. The 58,810 s/f, seven-story, 1916 elevator building features a mixture of 54 free market, rent-stabilized and rent controlled apartments. The sale price was 17.3 times the current rent roll. The building also hous

Cignature Realty Associates announced that a private investor has bought a mixed-use building at 1616 Amsterdam Avenue in Hamilton Heights for $23 million from Sugar Hill Capital Partners. The 58,810 s/f, seven-story, 1916 elevator building features a mixture of 54 free market, rent-stabilized and rent controlled apartments. The sales price was 17.3 times the current rent roll. The building also houses a grocery/deli, coffee shop, laundromat and Mexican restaurant on the str

Cignature Realty Associates announced that a private investor has bought a mixed-use building at 1616 Amsterdam Avenue in Hamilton Heights for $23 million from Sugar Hill Capital Partners. The 58,810 square foot, seven-story, 1916 elevator building features a mixture of 54 free market, rent-stabilized and rent controlled apartments. The sales price was 17.3 times the current rent roll. The building also houses a grocery/deli, coffee shop, laundromat and Mexican restaurant on