Cignature closes deal on multi-family building

Cignature Realty Associates has closed on the sale of a multi-family building at 319 West 13th Street for $3.75 million, according to a release sent today. Cignature represented both buyer and seller in the deal, but did not disclose either party's identity. The five-floor elevator building includes eight studio units and 11 one-bedroom apartments. The building totals 8,885 square feet and collects an average rent on units of $1,425, according to a release.