Real Estate Weekly: Deals & Dealmakers

SALES Cignature Realty Associates announced the following sales: 561-563 West 140th Street in Hamilton Heights, Manhattan for $7.425 million. The five-story multifamily walk-up building has 26 units and 17,205 s/f. It was built in 1920. Peter Vanderpool represented the buyer, Sugar Hill Capital Partners and Michael Tortorici of Ariel Property Advisors represented the seller, 561 Building CO, Inc. 319 East 93rd Street on the Upper East Side of Manhattan between 1st and 2nd Avenues was sold for $6 million. The five-story multifamily walk-up building has 10 apartments. The 8,648 s/f building was built in 1920. Cignature Realty represented the sellers, Diana Cormack and Jonathan Bradshaw, and Pe

Cignature Brokers $6M Sale of Apartment Building in Upper East Side

NEW YORK CITY — Cignature Realty Associates has brokered the $6 million sale of a five-story multifamily building on the Upper East Side of Manhattan. The 8,648-square-foot building is located at 319 E. 93rd St. and was built in 1920. The property includes 10 apartments. Christopher Skitch of Cignature Realty represented the sellers, Diana Cormack and Jonathan Bradshaw, in the transaction. Peter Vanderpool of Cignature represented the buyer, 319 East 93rd Street LLC.

Cignature Realty Associates Mid-Year Report Concludes the Manhattan Multifamily Market in Flux

Issues First Exclusive “Manhattan Multifamily Insight” Report The Manhattan multifamily market saw a significant increase of 47.7 percent in total dollar volume and a modest decrease of 0.6 percent in total building volume during the first half of 2018 compared to the first half of 2017 according to a first-time Manhattan multifamily market report by Cignature Realty Associates, a Manhattan-based commercial real estate brokerage firm that specializes in the sale of multifamily and mixed-use Manhattan apartment buildings. There were some other bright spots: The average total sale price for elevator buildings and price per square foot for walk-up buildings in Manhattan increased compared to th

$7.425 million: 561-563 West 140th Street (between Broadway and Hamilton Place) Manhattan

An investment group has bought this 1920 five-story walk-up in Hamilton Heights. The 17,205-square-foot building has 26 apartments — 18 one-bedrooms and eight two-bedrooms — of which 16 are rent-stabilized, nine are market-rate and one is rent-controlled. Buyer: Sugar Hill Capital Partners Buyer’s Broker: Peter Vanderpool, Cignature Realty Seller: 561 Building Co

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Information contained herein is from sources deemed reliable but is subject to errors, omissions, change of price or terms, and withdrawal without prior notice at any time. © 2015 - 2017. Cignature Realty and the skyline quadrilateral are registered trademarks of Cignature Realty Associates Inc.
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