Cignature Realty—Harlem Portfolio Sold

August 20, 2014

Cignature Realty Associates has brokered the sale of a three-building Harlem portfolio and vacant lot on Adam Clayton Powell Blvd. located in Central Harlem.

 

The buildings at 2261, 2267-2269 and 2271-2273 and the lot at 2265 Adam Clayton Powell Blvd. sold for $11.25 million, or $272 psf.

 

The properties total 41,330 s/f and include three five-story walk-up apartment buildings with a total of 41 apartments and six stores that include a French bistro, Harlem Fried Chicken, Shine World Music Venue, a well-known Harlem bar known for its live music,
a new restaurant and a barber shop.

 

Lazer Sternhell and Peter Vanderpool of Cignature Realty Associates Inc. represented both the seller, Sugar Hill Capital Partners and the buyer, Treetop Development.

Please reload

Recent Posts

Please reload

News Archive

Please reload

Search By Tag