A local investor has bought this 1906 five-story walk-up in Washington Heights with 20 apartments — a studio, a one-bedroom, 10 two-bedrooms and eight three-bedrooms. There is also an apartment for the superintendent. The 14,625-square-foot building sold for 10.3 times the rent roll.
Buyer: 446 W 164 L.L.C.
Seller: 446 West 164th Street Holdings
Brokers: Lazar Sternhell and Peter Vanderpool, Cignature Realty Associates